Bairi case: 10 people imprisoned for various wrongdoings, including Bouteflika campaign funding pointed


Algeria – The court of Sidi M’hamed yesterday opened the file of businessman Mohamed Bairi, boss of the Ival Group.


In a statement released on Friday, the prosecutor’s office of Sidi M’hamed court informs the public that 14 individuals and 9 legal persons were heard as defendants in this case.

The facts include suspicions of money laundering and transfer of property resulting from corruption, misappropriation and use of the bank’s funds contrary to the law in force, incitement of public officials to abuse their function and hidden financing of political parties.

The investigating judge at the court of Sidi M’hamed, thus, placed in temporary detention the boss of the IVAL Group Mohamed Bairi, his brother, his two associates, four executives of the Ministry of Industry, two businessmen as well as the financial operations officer for the presidential candidate’s election campaign, while two others were placed under judicial supervision.



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