Wednesday, January 1, 2020

Algeria's richest man walks free on time served

Algeria's richest man walks free on time servedAlgeria's richest man Issad Rebrab walked free on time served early Wednesday after a court sentenced him to six months for tax, banking and customs offences. Prosecutors had sought a one-year prison sentence for the 74-year-old head of Algeria's biggest privately owned conglomerate Cevital, who was one of several tycoons arrested in April as part of a sweeping corruption investigation. The probe followed the resignation of president Abdelaziz Bouteflika after weeks of mass protests against his 20-year rule.




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