Algeria finance minister questioned in fraud probe: state TV

Algeria finance minister questioned in fraud probe: state TV
State television said Algeria's finance minister was being questioned in cases concerning "misuse of public funds and undue advantages".

3 min read
29 April, 2019
Algeria is witnessing an investigation into alleged corruption including the misuse of public funds [AFP]

Algerian Finance Minister Mohamed Loukal was questioned by a prosecutor on Monday in an investigation into alleged corruption including the misuse of public funds, state television reported.

Former police chief Abdelghani Hamel was also questioned separately by a prosecutor as part of a judicial inquiry into alleged bribery, the state broadcaster said.

Since Bouteflika resigned in early April after weeks of mass protests against his rule, several regime officials and businessmen close to him have been sacked, detained or questioned over alleged graft.

Loukal, a former central bank governor, was appointed finance minister at the end of March when Bouteflika, facing massive pressure from demonstrators demanding change, named a new prime minister.

A week ago, Loukal and former premier Ahmed Ouyahia were summoned for questioning but it was not clear if they would be heard as suspects or witnesses.

State television said Loukal was being questioned in cases concerning "misuse of public funds and undue advantages". It did not elaborate.

Hamel, who was once tipped as Bouteflika's successor before he was fired by the veteran leader in June 2018, appeared in a court in Tipaza, west of Algiers, along with his son, the television said.

They are being interrogated as part of a probe into "illegal activity, bribery, embezzlement of funds and abuse of power", it said.

Since Bouteflika's ouster, investigators have cracked down on alleged graft, zeroing in on the activities of prominent politicians and businessmen following two decades of cronyism under the former president.

High-profile figures targeted over the past week include the North African country's richest man, Issad Rebrab, who was detained on allegations of false customs declarations.

The head of the vast state oil firm Sonatrach, Abdelmoumen Ould Kaddour, has been fired and replaced on the orders of interim president Abdelkader Bensalah.

Earlier this month, five Algerian billionaires were arrested as part of the anti-corruption investigation.

The five include tycoon Issad Rebrab, ranked the richest businessman in the major oil and natural gas-producing country who is especially active in the food and sugar refining business.

Four brothers from the wealthy Kouninef family were also detained.

Rebrab is CEO of the family-owned Cevital conglomerate, which imports raw sugar from Brazil and exports white sugar to neighbouring Tunisia and Libya, and elsewhere in the Middle East.

The Kouninef family is close to the ousted president.

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

After pushing Bouteflika to quit with mass demonstrations launched on February 22, protesters have kept up their rallies, calling for a complete overhaul of Algeria's political system, improved living standards and the eradication of corruption. 

Algeria ranks 105 out of 180 on the corruption perception index of Transparency International for 2018.

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