Algeria President Vows to Recover Money Looted Abroad

President Abdelmadjid Tebboune vows to recover “gang funds.” (Reuters)
President Abdelmadjid Tebboune vows to recover “gang funds.” (Reuters)
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Algeria President Vows to Recover Money Looted Abroad

President Abdelmadjid Tebboune vows to recover “gang funds.” (Reuters)
President Abdelmadjid Tebboune vows to recover “gang funds.” (Reuters)

Algerian President Abdelmadjid Tebboune has vowed to recover funds smuggled abroad by government officials during former President Abdelaziz Bouteflika’s rule.

Tebboune stressed he would begin confiscating property and money obtained within Algeria, in an implicit reference to two prime ministers, several former ministers, and businessmen, who have been jailed on corruption charges.

His remarks were made during an interview with two newspapers at the presidential headquarters on Sunday evening that was broadcast on state television.

He referred to legal measures taken to contact governments of several countries where the deposits of convicted officials and others wanted by the judiciary are kept.

The amount and location of the transferred money is not yet specified neither is the amount money illegally obtained in Algeria.

A group of officials close to Bouteflika is involved in the “looted money” case. These are topped by former Premiers Ahmed Ouyahia and Abdelmalek Sellal and several ministers, including former Industry Minister Abdesselam Bouchouareb residing abroad, as well as former intelligence chiefs Mohamed Mediene, Bachir Tartag and Said Bouteflika.

Tebboune said during the presidential election campaign in late 2019 that he had “a plan to recover the smuggled money.” However, his opponents have questioned the seriousness of his pledges in this regard.



Palestinian President Abbas Appoints New Deputy in Major Step in Naming Successor

Hussein al-Sheikh, secretary-general of the Executive Committee of the Palestine Liberation Organization, gestures during an interview with The Associate Press at his office in the West Bank city of Ramallah, June 13, 2022. (AP)
Hussein al-Sheikh, secretary-general of the Executive Committee of the Palestine Liberation Organization, gestures during an interview with The Associate Press at his office in the West Bank city of Ramallah, June 13, 2022. (AP)
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Palestinian President Abbas Appoints New Deputy in Major Step in Naming Successor

Hussein al-Sheikh, secretary-general of the Executive Committee of the Palestine Liberation Organization, gestures during an interview with The Associate Press at his office in the West Bank city of Ramallah, June 13, 2022. (AP)
Hussein al-Sheikh, secretary-general of the Executive Committee of the Palestine Liberation Organization, gestures during an interview with The Associate Press at his office in the West Bank city of Ramallah, June 13, 2022. (AP)

Palestinian President Mahmoud Abbas on Saturday named a veteran aide and confidant as his new vice president. It’s a major step by the aging leader to designate a successor.

The appointment of Hussein al-Sheikh as vice president of the Palestine Liberation Organization does not guarantee he will be the next Palestinian president. But it makes him the front-runner among longtime politicians in the dominant Fatah party who hope to succeed the 89-year-old Abbas.

Abbas hopes to play a major role in postwar Gaza. He has been under pressure from Western and Arab allies to rehabilitate the Palestinian Authority, which has limited autonomy in parts of the Israeli-occupied West Bank.  

The PLO is the internationally recognized representative of the Palestinian people and oversees the Western-backed Palestinian Authority. Abbas has led both entities for two decades.