Home Current News Algeria’s richest man walks free on time served

Algeria’s richest man walks free on time served

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AlgeriaAlgeria’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.

Source: yahoo.com/news