Algeria’s richest man walks free | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Algeria’s richest man walks free

Algeria's richest man, Issad Rebrab, is free to walk away after the court sentenced him to 6 months served on tax, banking and customs offences, less than the 8 months he had already spent in detention. – EPA pic, January 1, 2020.

ALGERIA’S richest man Issad Rebrab walked free on time served early today 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.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines