Algerian transport mogul arrested in corruption probe

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.

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