Algeria: Businessman Detained in Corruption Investigation

Image used for illustrative purpose. A general view of residential buildings and complexes on the outskirts of the Algerian capital Algiers

REUTERS/Stringer .
Image used for illustrative purpose. A general view of residential buildings and complexes on the outskirts of the Algerian capital Algiers REUTERS/Stringer .
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Algeria: Businessman Detained in Corruption Investigation

Image used for illustrative purpose. A general view of residential buildings and complexes on the outskirts of the Algerian capital Algiers

REUTERS/Stringer .
Image used for illustrative purpose. A general view of residential buildings and complexes on the outskirts of the Algerian capital Algiers REUTERS/Stringer .

Businessman Hassan Larbaoui has been detained in an anti-corruption investigation that was launched in Algeria.

Larbaoui is the director of a private company called Global Group, which runs a car assembly plant set up in joint venture with South Korea’s Kia Motors.

The court of first instance in Algiers ordered Larbaoui to be detained, along with the head of state bank Banque Nationale d’Algerie (BNA) and two industry ministry officials, state radio reported Friday.

Larbaoui’s legal representative was not immediately available for comment. The joint venture company could not be reached for comment. BNA declined to comment, Reuters reported.

On Thursday, the same court referred ex-Prime Minister Ahmed Ouyahia and two former industry ministers, Youcef Yousfi and Mahdjoub Bedda, to the public prosecutor to be investigated for alleged corruption related to the same case.

Ouyahia and other officials could not immediately be reached for comment, nor could their representatives.

According to Reuters, the supreme court also ordered the detention of Ouyahia and another former prime minister, Abdelmalek Sellal, last week for “dissipation of public funds and awarding illegal privileges” in a separate corruption case.



US Eases Restrictions on Syria While Keeping Sanctions in Place

 A worker stands at a bakery after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, January 6, 2025. (Reuters)
A worker stands at a bakery after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, January 6, 2025. (Reuters)
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US Eases Restrictions on Syria While Keeping Sanctions in Place

 A worker stands at a bakery after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, January 6, 2025. (Reuters)
A worker stands at a bakery after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, January 6, 2025. (Reuters)

The US on Monday eased some restrictions on Syria's transitional government to allow the entry of humanitarian aid after opposition factions ousted Syrian leader Bashar al-Assad last month.

The US Treasury issued a general license, lasting six months, that authorizes certain transactions with the Syrian government, including some energy sales and incidental transactions.

The move does not lift sanctions on the nation that has been battered by more than a decade of war, but indicates a limited show of US support for the new transitional government.

The general license underscores America's commitment to ensuring its sanctions “do not impede activities to meet basic human needs, including the provision of public services or humanitarian assistance,” a Treasury Department statement reads.

Since Assad's ouster, representatives from the nation's new de facto authorities have said that the new Syria will be inclusive and open to the world.

The US has gradually lifted some penalties since Assad departed Syria for protection in Russia. The Biden administration in December decided to drop a $10 million bounty it had offered for the capture of Ahmed al-Sharaa, the leader of the Hayat Tahrir al-Sham group whose forces led the ouster of Assad last month.

The announcement followed a meeting in Damascus between al-Sharaa, who was once aligned with al-Qaeda, and the top US diplomat for the Middle East, Barbara Leaf, who led the first US diplomatic delegation into Syria since Assad’s ouster. The US and UN have long designated HTS as a terrorist organization.

HTS led a lightning insurgency that ousted Assad on Dec. 8 and ended his family’s decades-long rule. From 2011 until Assad’s downfall, Syria’s uprising and civil war killed an estimated 500,000 people.

Much of the world ended diplomatic relations with Assad because of his crackdown on protesters, and sanctioned him and his Russian and Iranian associates.

Syria’s infrastructure has been battered, with power cuts rampant in the country and some 90% of its population living in poverty. About half the population won’t know where its next meal will come from, as inflation surges.

The pressure to lift sanctions has mounted in recent years as aid agencies continue to cut programs due to donor fatigue and a massive 2023 earthquake that rocked Syria and Türkiye. The tremor killed over 59,000 people and destroyed critical infrastructure that couldn’t be fixed due to sanctions and overcompliance, despite the US announcing some humanitarian exemptions.