Metals and Engineering Corporation controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2018
Grand Ethiopian Renaissance Dam and industrial-project failures
METEC was removed from the Renaissance Dam contract and later lost other assigned projects after delays and alleged failures in delivering major infrastructure and sugar-factory programs.
2018
Procurement, borrowing, and alleged financial mismanagement
A parliamentary committee and press reports alleged that METEC committed substantial funds to machinery without adequate market analysis and accumulated borrowing connected with incomplete projects.
2018
Arrest and prosecutions involving METEC officials
Former chief executive Kinfe Dagnew was arrested and other officials were detained or prosecuted during the government's investigation into METEC's projects and administration.