a former finance minister sentenced to 7 years in prison

Algeria: a former finance minister sentenced to 7 years in prison

Former Algerian finance minister Mohamed Loukal was sentenced on Thursday to 7 years in prison for corruption.

The financial and economic criminal division of the Court of Sidi M’hamed (Algiers) prosecuted Loukal for his involvement in corruption cases, under his position as former director general of the External Bank of Algeria (BEA), report local media.

Several charges have been attributed to Loukal, in particular, abuse of office, squandering of public funds and granting of undue advantages. The vast investigations into corruption and nepotism launched after the resignation in April 2019 of former President Abdelaziz Bouteflika, under pressure from an unprecedented popular protest movement “Hirak”, have led to a series of trials that are still ongoing.

Several personalities and former political leaders, as well as powerful bosses, senior civil servants and senior army officers are tried in the context of these trials. They are prosecuted, in particular, for corruption and illicit enrichment.

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