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.



Death Toll in Lebanon Crosses 3,000 in 13-Month Israel-Hezbollah War, Health Ministry Says

A building destroyed during an Israeli airstrike southern Lebanese town of Ghazieh, 03 November 2024. (EPA)
A building destroyed during an Israeli airstrike southern Lebanese town of Ghazieh, 03 November 2024. (EPA)
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Death Toll in Lebanon Crosses 3,000 in 13-Month Israel-Hezbollah War, Health Ministry Says

A building destroyed during an Israeli airstrike southern Lebanese town of Ghazieh, 03 November 2024. (EPA)
A building destroyed during an Israeli airstrike southern Lebanese town of Ghazieh, 03 November 2024. (EPA)

More than 3,000 people have been killed in Lebanon during 13 months of fighting between Israel and Hezbollah, Lebanon's Health Ministry said Monday. At least 13,492 have been injured.

Hezbollah began firing rockets into northern Israel the day after Hamas’ surprise attack into Israel on Oct. 7, 2023 ignited the war in Gaza. Hezbollah and Hamas are both allied with Iran.

The conflict dramatically escalated on Sept. 23 with intense Israeli airstrikes on south and east Lebanon as well as Beirut’s southern suburbs, leaving hundreds dead and leading to the displacement of nearly 1.2 million people.

Israel began a ground invasion of south Lebanon on Oct. 1, causing wide destruction in border villages but making little advances on the ground inside Lebanon.

In Israel, 72 people have been killed from Hezbollah attacks, including 30 soldiers.