Banking2026-05-11· Reporter
Defendants in 1.9bln Birr Fintech Fraud Scheme Granted Bail
Reporter says the Federal High Court's Lideta Division granted bail to several defendants accused of involvement in an alleged 1.9 billion birr fintech investment fraud. The case is among the largest fintech-related prosecutions to come before Ethiopia's federal courts.
Read full story on ReporterRelated in Banking
- 2026-05-17 · CapitalAfrican banking revenues top 100bn USD as profits beat global average
- 2026-05-17 · Addis FortuneDashen Bank grows bigger and safer but not as profitable
- 2026-05-16 · BorkenaCommercial Bank of Ethiopia introduces commodity-backed loan in agriculture sector
- 2026-05-12 · Addis FortuneEx-CBE Noor corruption case returns to federal court with wider loan claims