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The Algerian President: The stolen money cannot be recovered before final judgments are issued



The Algerian President, Abdelmadjid Tebboune, said that it is not possible to proceed with the file of retrieving "stolen money" before final court rulings are issued against corrupt suspects in prisons.

 

In his meeting with local media, Tebboune added, "There is good news for the Algerian people" regarding the stolen money file, starting this month.

 

The Algerian president stressed that "he will not abandon his pledges to recover these funds," noting that "businessmen have benefited from 6 thousand billion dinars and have only returned 15 percent of it."

 

Tebboune pointed out that Algeria has already recovered properties in France, including apartments, palaces and various real estate, noting that "there are European companies involved in corruption and inflating bills."

 

In recent months, Algeria has witnessed a series of trials on corruption charges, targeting businessmen and former officials in the government of former President Abdelaziz Bouteflika.

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