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Ethiopia: Al Amoudi’s Sheraton Hotel faces bankruptcy

Posted on , Updated on by Elias Kifle

The Reporter in its latest edition reports that Sheraton Addis, which is owned by Ethiopia’s billionaire businessman [and drunkard womanizer] Ato Mohammed Al Amoudi may be put on the auction block to pay for 170 million birr debt that the parent company, Midrock, owes to the Commercial Bank of Ethiopia (CBE).

The Reporter’s editor, Amare Aregawi, who almost died after he was savagely attacked last month by three thugs who were suspected of being hired by Al Amoudi, is going after the billionaire with a vengeance. Both Al Amoudi and Amare are registered and high-profile members of the ruling Tigrean People Liberation Front (Woyanne). So this is nothing more than a feud among a family of thieves.

ሚድሮክ ኮንስትራክሽን ብድሩን ባለመክፈሉ ዋስትናው ሸራተን በሐራጅ አደጋ ላይ ነው

ሚድሮክ ኮንስትራክሽን ከኢትዮጵያ ንግድ ባንክ ከ170 ሚሊዮን ብር በላይ ብድር ወስዶ ባለመመለሱ በዋስትና በተያዘው ንብረት ላይ የሐራጅ ጨረታ ለማውጣት ባንኩ መቸገሩን፣ ችግሩን ለመፍታት የመንግሥት ጣልቃ ገብነት እንደሚያስፈልግ ተጠቆመ፡፡

ለጉዳዩ ቅርበት ያላቸው የባንኩ አንድ የሥራ ኀላፊ ለሪፖርተር ጋዜጣ እንዳረጋገጡት ሚድሮክ ኮንስትራክሽን ብድሩን ሲወስድ በዋስትና ያስያዘው ሸራተን ሆቴልን ነው፡፡ ሚድሮክ ከባንኩ ወስዶ ያልመለሰው ብድር እስከ ሰኔ 30 ቀን 2000 ዓ.ም ድረስ ከ170 ሚሊዮን ብር በላይ መሆኑን ያረጋገጠው ምንጫችን ስለብድሩ አከፋፈል ጉዳይ በተደጋጋሚ ባንኩ ለሚድሮክ ኮንስትራክሽን ደብዳቤ ቢፅፍም አንድም ጊዜ ምላሽ ማግኘት አልቻለም፡፡ለሌሎች ባለሀብቶች በማይደረግ መልኩ ሚድሮክ ኮንስትራክሽን ብድሩን እንዲከፍል የማስታመም ያህል ባንኩ በተደጋጋሚ ደብዳቤ ቢፅፍም ብድሩ የማይመለስበት ምክንያት እንኳን ተጠቅሶ መልስ ማግኘት አለመቻሉ ትልቁ ችግር መሆኑን ምንጫችን ገልፀዋል፡፡

አንድ ተበዳሪ ብድሩን መመለስ ካልቻለ በሕጉ መሠረት የ30 ቀናት ማስጠንቀቂያ ተሰጥቶት ማስከፈል ካልሆነም በዋስትና ያስያዘውን ንብረት በሐራጅ ለጨረታ እንደሚቀርብ ኀላፊው ጠቁመው በሚድሮክ ኮንስትራክሽን ጉዳይ ባንኩ በዋስትና የያዘውን ሸራተን ሆቴል ላይ የሐራጅ ጨረታ አውጥቶ መሸጥ የነበረበት ቢሆንም ይህንን ለመወሰን ድፍረት ማጣቱን ጠቁመዋል፡፡ በመሆኑም መንግሥት በጉዳዩ ጣልቃ ገብቶ አንድ ውሣኔ ይሰጣል ተብሎ እየተጠበቀ መሆኑን ተናግረዋል፡፡

ሚድሮክ ኮንስትራክሽን 107 ሚሊዮን ብር የሚደርስ የኪራይና የብረት ዋጋ ዕዳ አለመክፈሉን እንዲሁም በአዲስ አበባ ከመገናኛ እስከ ሐያት የወሰደውን የ190 ሚሊዮን ብር የመንገድ ሥራ ፕሮጀክት በወቅቱ ማጠናቀቅ ባመቻሉ ፕሮጀክቱን መነጠቁን በተለያየ ጊዜ መዘገባችን ይታወሳል፡፡

ሸራተን አዲስ ሆቴል ከሚድሮክ ኮንስትራክሽን በእጥፍ የሚበልጥ ገንዘብ ከኢትዮጵያ ንግድ ባንክ ብድር መውሰዱም የሚታወስ ነው፡፡

10 thoughts on “Ethiopia: Al Amoudi’s Sheraton Hotel faces bankruptcy”

  1. i share your disdain for Mr. Mohamed alamudin. however your rude language is neither warranted nor justified in a public media. dissociating your personal feeling and adopting a professional attitude might serve you well. remember obscenity
    defiles both sides.

    D. Ujira

    Anonymous replies:
    July 9th, 2012 at 2:20 AM

    Well said..

  3. I am not defending the billiobaire, but why don’t be fair. Do you think he is hurting the country more than he offers? I don’t think so. I think he is a good, generous business man. He loves Ethiopia. You guys are attacking him with “words”, but he is building and contributing with his “money.” Are you defending Islam saying “Ato” may be because he has not lived up to Islamic rules. It is totally ridiculous! “Woyane and the billionaire” are building the country where as you are dividing the innocent Ethiopians. By the way, the billionaire has a worth of 9 billion dollars. And according to my calculation the figure (170million berr) is only only only 0.1889%. Is it not too small? It is! Please give credit to those who deserve it.
    Endale Seifu

  5. Endale Seifu #3

    Seemigly your loved ones, Alamoudi and Wayane, love to rob Ethiopia and completely impoverish the land, the country and society you falsely claim they love. If they love the country and the society why is Ethiopia and the Ethiopians are one of the most wretched country and society on this planet earth with people dying,starving as well as violent ridden year in and year out? Hmm…Please visite a nearby church and repent from your unbelievable lies before it is too late for your soul.

    Please grow up inorder to differentiate the love for personal wealth and self enrichment from the selfless and humanistic love for country and society.

  7. I thought sheki got money,even though he got billions of dollars not birr,dollars!!!!!!!!and borrowing money from ethiopian banks,the mistake is the loan officer or the bank ceo.

  9. first of all, dr.sheck almoudi is businessman in addition to that humanitarian good patriotic ethiopian who helped
    his country well. some people like to acuse for nothing
    he can invest any where in the world. however, he choose
    his mother land ethiopia that is why i am greatfull.
    for most of us investing in ethiopia high risk secondly,
    I dont blem you ,the reason the government not stable. they
    are doing very premitive kind of policy like tribalist,now
    even the tigrians are ashamed where i am living.we have to separet the gov.and dr schek alamoudi.i dont think for moment he has good relation with them unless they come to beg.
    gdey

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