Algeria: 16 Years in Prison Required Against Businessman Mahieddine Tahkout
2 Articles
2 Articles
In Algeria, the special criminal court in the cases of financial corruption of Sidi M'hamed requires 16 years in prison for the businessman Mahieddine Tahkout accused in particular of money laundering and of hijacking several hundred million euros to an account in Switzerland to escape the Algerian tax office. The businessman who made a fortune in the automobile is not on his first judicial conviction.
Algeria demands 16 more years for Mahieddine Tahkout over Swiss fortune
Algeria's public prosecutor has requested a fresh 16-year prison sentence for jailed automobile mogul Mahieddine Tahkout at the specialised financial crimes tribunal of Sidi M'hamed in Algiers, in a new case centred on allegations that he concealed €1.17 billion across Swiss bank accounts and French real estate while already serving a previous conviction.The requisition, confirmed by RFI, AllAfrica and Algerie360 on May 28, demands 16 years of i…
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