Metals and Engineering Corporation (METEC) has hands on the assassination of Ethiopia's Grand Ethiopian Renaissance Dam Engineer Simegnew Bekele (pictured), a source tells EP.
EP cannot verify the reliability of the unauthorized leak. Last June, according to the source, the Ethiopian parliament heard that at least 9 billion birr has been wasted on malfunctioning products by high officials of the Tigray Peoples’ Liberation Front (TPLF) run METEC conglomerate.
A month later, the project manager of Africa's largest hydro dam, Engineer Simegnew Bekele was found dead with a gunshot in the capital Addis Ababa.
Simegnew Bekele, who is a well-regarded engineer with a strong contribution to the country's energy production endeavors, has been the chief engineer of Ethiopia's grand dam since its construction was commenced in April 2011 on the Blue Nile River.
Ethiopian state-owned Metals and Engineering Corporation has been subjected to much criticism recently, including by the country’s Prime Minister Dr. Abiy Ahmed, and has been blamed for obtaining contracts without bids, supplying sub-standard products, delaying mega projects, and multiple other inefficiencies.
PM Abiy Ahmed said at the weekend that the government had canceled the contract of METEC.
"The Grand Ethiopian Renaissance Dam is a project that was supposed to be completed within five years, but seven or eight years later not a single turbine is operational," Abiy said.
One of the biggest business groups in Ethiopia, METEC has close to 100 business lines and 15 subsidiary companies including Hibret manufacturing and Machine Building Industry, Homicho Ammunition Engineering Complex, Gafat Armament Engineering Complex, Dejen Aviation Engineering Industry, and Bishoftu Automotive Engineering Industry.
METEC, which corruption allegations swirl around it is a military-run corporation and the largest industrial complex in Ethiopia and responsible for the production of artillery, ammunition, firearms, machines, cars, and aircraft.
Simegnew Bekele, who is a well-regarded engineer with a strong contribution to the country's energy production endeavors, has been the chief engineer of Ethiopia's grand dam since its construction was commenced in April 2011 on the Blue Nile River.
Ethiopian state-owned Metals and Engineering Corporation has been subjected to much criticism recently, including by the country’s Prime Minister Dr. Abiy Ahmed, and has been blamed for obtaining contracts without bids, supplying sub-standard products, delaying mega projects, and multiple other inefficiencies.
PM Abiy Ahmed said at the weekend that the government had canceled the contract of METEC.
"The Grand Ethiopian Renaissance Dam is a project that was supposed to be completed within five years, but seven or eight years later not a single turbine is operational," Abiy said.
One of the biggest business groups in Ethiopia, METEC has close to 100 business lines and 15 subsidiary companies including Hibret manufacturing and Machine Building Industry, Homicho Ammunition Engineering Complex, Gafat Armament Engineering Complex, Dejen Aviation Engineering Industry, and Bishoftu Automotive Engineering Industry.
METEC, which corruption allegations swirl around it is a military-run corporation and the largest industrial complex in Ethiopia and responsible for the production of artillery, ammunition, firearms, machines, cars, and aircraft.
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