Demeke Mekonnen to Chair MetEC Board of Directors

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borkena
January 4,2018

One of the three deputy prime ministers, Demeke Mekonnen, is appointed by prime minister Hailemariam Desalegne to chair the board of directors of state-owned Metals and Engineering Corporation (MetEC), according to local newspapers.

Siraj Fergessa, current minister of defense, was the chair of the board before the appointment of Demeke and he will remain a member of the board.

MetEC is Ethiopia`s military-industrial complex with a capital of 10 billion Ethiopian Birr. The entity is criticized as one of the most corrupt state-owned business entities and hundreds of billions of birr is squandered in addition to delays of projects.

One of the many TPLF generals, Major General Knife, Dagnaw is head of MetEC.

Demeke Mekonnen is also chair of Amhara National Democratic Movement, a subservient party engineered by the late Meles Zenawi.
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