• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Democracy Chronicles

Towards better democracy everywhere.

  • AMERICAN DEMOCRACY
  • WORLD DEMOCRACY
  • POLITICAL ART
  • more
    • election technology
    • money politics
    • political dissidents
    • THIRD PARTY
      • third party central
      • green party
      • justice party
      • libertarian party
    • voting methods
  • DC INFO
    • author central
    • about
    • advertise with DC
    • contact
    • privacy policy
Home | ALL NEWS | WORLD | 5 Algerian Billionaires Arrested in Anti-Graft Investigation

5 Algerian Billionaires Arrested in Anti-Graft Investigation

April 23, 2019 by DC Editors Leave a Comment

FacebookLinkedInPinTweet

5 Algerian Billionaires Arrested in Anti-Graft Investigation
From Voice Of America

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.

They were later brought to court to face charges from the general prosecutor’s office, private Ennahar TV channel said, a legal requirement after an arrest. Further details were not immediately available.

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.

Rebrab is chairman of the family-owned Cevital company, which imports raw sugar from Brazil and exports white sugar to Tunisia, Libya and other destinations in the Middle East.

The Kouninef family is close to Bouteflika, who ruled Algeria for 20 years. Bouteflika stepped down three weeks ago, bowing to pressure from the army and weeks of demonstrations by mainly younger Algerians seeking change.

There was no immediate statement from those arrested.

The move came after Algeria’s army chief, Lieutenant General Gaid Salah, said last week he expected members of the ruling elite in the country to be prosecuted for corruption.

An Algerian court has already summoned former prime minister Ahmed Ouyahia and current Finance Minister Mohamed Loukal, two close associates of Bouteflika, in an investigation into suspected misuse of public money, state TV said on Saturday.

Mass protests, which began on Feb. 22 and have been largely peaceful, have continued after Bouteflika’s resignation as many want the removal of the entire elite that has governed Algeria since independence from France in 1962. They also want the prosecution of people they see as corrupt.

Bouteflika has been replaced by Abdelkader Bensalah, head of the upper house of parliament, as interim president for 90 days until a presidential election is held on July 4.

Hundreds of thousands protested on Friday to demand the resignation of Bensalah and other top officials.

Bensalah invited civil society and political parties on Monday to discuss the transition to elections but several parties and activists said they would not participate.

The army has so far patiently monitored the mostly peaceful protests that at times have swelled to hundreds of thousands of people. It remains the most powerful institution in Algeria, having swayed politics from the shadows for decades.

Salah said on April 16 that the military was considering all options to resolve the political crisis and warned that “time is running out.”

It was a hint that the military was losing patience with the popular upheaval shaking Algeria, a major oil and natural-gas exporter and an important security partner for the West against Islamist militants in north and west Africa.

FacebookLinkedInPinTweet

Filed Under: International Democracy Tagged With: Africa, Algeria, Worldwide Corruption

Some highlighted Democracy Chronicles topics

Africa American Corruption American Local Elections American State Elections Asia Capitalism and Big Business Celebrity Politics China Democracy Charity Democracy Protests Democrats Dictatorships Education Election History Election Methods Election Security Election Transparency Europe Internet and Democracy Journalism and Free Speech Middle East Minority Voting Rights Money Politics New York City and State Elections Political Artwork Political Dissidents Political Lobbying Redistricting Republicans Russia Socialism and Labor Social Media and Democracy South America Spying and Privacy Supreme Court Third Party Voter Access Voter ID Voter Registration Voter Suppression Voter Turnout Voting Technology Women Voting Rights Worldwide Worldwide Corruption

About DC Editors

We are your source for news on the all important effort to establish and strengthen democracy across the globe. Our international team with dozens of independent authors are your gateway into the raging struggle for free and fair elections on every continent with a focus on election reform in the United States. See our Facebook Page and also follow us on Twitter @demchron.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

democracy chronicles newsletter

democracy around the web

  • CPJ files declaration in support of detained journalist Mario Guevara 
    Source: Committee to Protect Journalists Published on: 8 months ago
  • “Musk must face lawsuit brought by voters he convinced to sign petition in $1 million-a-day election giveaway, judge says”
    Source: Election Law Blog Published on: 8 months ago
  • “Appeals court throws out massive civil fraud penalty against President Donald Trump”
    Source: Election Law Blog Published on: 8 months ago
  • “Adams Adviser Suspended From Campaign After Giving Cash to Reporter”
    Source: Election Law Blog Published on: 8 months ago
  • “Obama applauds Newsom’s California redistricting plan as ‘responsible’ as Texas GOP pushes new maps”
    Source: Election Law Blog Published on: 8 months ago