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.



US Military Carries Out Airstrikes against Yemen’s Houthis

Houthi supporters hold their weapons up during an anti-US and anti-Israel protest in Sanaa, Yemen, 03 January 2025. (EPA)
Houthi supporters hold their weapons up during an anti-US and anti-Israel protest in Sanaa, Yemen, 03 January 2025. (EPA)
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US Military Carries Out Airstrikes against Yemen’s Houthis

Houthi supporters hold their weapons up during an anti-US and anti-Israel protest in Sanaa, Yemen, 03 January 2025. (EPA)
Houthi supporters hold their weapons up during an anti-US and anti-Israel protest in Sanaa, Yemen, 03 January 2025. (EPA)

The US military says it carried out a wave of strikes against what it said were underground arms facilities of Yemen’s Iran-backed Houthi militias.

The US Central Command said in a statement that Wednesday’s strikes targeted weapons used by the Houthis to attack ships in the Red Sea.

The Houthis said seven strikes targeted sites in the Houthi-held capital, Sanaa, and the northern Amran province, without providing further details. There were no immediate reports of casualties.

The United States and its allies have carried out repeated strikes on the Houthis, who have continued to target shipping.

The militias say they target ships linked to Israel, the US or the UK to force an end to Israel’s war against Hamas in Gaza. However, many of the ships attacked have little or no connection to the conflict, including some bound for Iran.