Ethiopian businessman Sheikh Ali Hussein has been arrested. Sheikh Ali is the owner of Alfoz Private Limited Company. Alfoz exports coffee and other items. Ali Hussien is a major shareholder in many banks including Abyssinia bank.
The investor was arrested by police on Tuesday. So far no statement has been issued about the reasons behind the arrest of Ali Hussein. Another well known Ethiopian investor Mr. Mekdes Aklilu was also arrested recently.
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