Algerian transport mogul arrested in corruption probe

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A powerful businessman has become the latest of Algeria’s financial and political elite to be arrested as part of a major corruption investigation.

Protesters have demanded that those close to the ex-president should also relinquish power (Picture by Reuters)
Protesters have demanded that those close to the ex-president should also relinquish power (Picture by Reuters)

Mahieddine Takhout made his fortune in the transport industry, benefiting from government contacts; his group also owns one of the biggest car retailers in the country.

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Several billionaires, including four brothers, have been detained in the past two months on charges of corruption since the veteran president, Abdelaziz Bouteflika, was forced to resign by mass anti-government protests. BBC News


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