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Former Commercial Bank of Ethiopia manager gets 9 years

November 19th, 2009 |

ADDIS ABABA, ETHIOPIA — The state-controlled news service, WIC, reports that a former general manager of the Commercial Bank of Ethiopia and two other individuals received stiff prison sentence for corruption.

(WIC) – The Federal High Court sentenced three corrupt offenders on November 16 and 17 to rigorous imprisonment ranging from 5-9 years and ordered them to pay from 1, 000-15,000 birr in fine.

According to a press release the Federal Ethics and Anti-Corruption Commission (FEACC) sent to WIC, the court found Tibebu Robi, former General Manager of the Commercial Bank of Ethiopia at the China-Africa Avenue Branch guilty of misappropriating 400, 000 birr and 1,000 USD, which went missing.

The Court, therefore, sentenced him to nine years of rigorous imprisonment and fined him 15,000 birr on 16 November 2009.

Similarly, Aklilu Alemayehu, former Head of the Customers Service Department with the same Branch, was found guilty of being part of the above-mentioned crime and was, therefore, given eight years of rigorous imprisonment. He was also fined 10, 000 birr.

In a related development, the Court found Genet Tadesse, former Employee of Kebelle 07/14 was found guilty of embezzling 18,514 birr. As a result, it sentenced her to five years of rigorous imprisonment and fined her 1,000 birr. FEACC filed the charges in 2008.

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