Five Algerian billionaires arrested as part of anti-graft investigation - State TV


  • World
  • Monday, 22 Apr 2019

FILE PHOTO: Demonstrators hold flags and banners as they return to the streets to press demands for wholesale democratic change well beyond former president Abdelaziz Bouteflika's resignation in Algiers, Algeria April 19, 2019. REUTERS/Ramzi Boudina should/File Photo

ALGIERS (Reuters) - Five Algerian billionaires, some of them close to former president Abdelaziz Bouteflika who quit over mass protests, have been arrested as part of an anti-graft investigation, state TV said on Monday.

The five are Issad Rebrab, considered the richest businessman in the energy-rich north African nation who is especially active in the food and sugar refining business, and four brothers from the Kouninef family, it said.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Bluetooth for two: How to play music on two sets of headphones
Role-play with your friends as influencers dying to go viral
Ukraine ground force commander expects Russian push ahead of arms supplies
Russian attack forces frustrated, hungry residents from Ukraine border town
Chinese EV maker Zeekr surges 34 pct in Wall Street debut
Death toll of bus crash in Russia's St. Petersburg rises to 7
Mexico heat wave melts temperature records in ten cities, including Mexico City
Clean hydrogen investment exceeds 73 bln USD in Canada
U.S. stocks close mixed amid low consumer sentiment
Pandemic agreement talks to continue beyond deadline: WHO

Others Also Read