Sovac case: 20-year jail sentence required against Bouchouareb, 15 years against Ouyahia and Oulmi

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ALGIERS- The representative of the public prosecutor at the court of Sidi M’hamed, requested, Thursday evening, a sentence of 20 years in prison against the former minister of industry Abdeslam Bouchouareb and 15 years of prison against former Prime Minister Ahmed Ouyahia and Sovac president Mourad Oulmi, as well as a 12-year prison sentence against Youcef Yousfi.

The accused are prosecuted in the Sovac case on several charges linked to corruption, including “transfer abroad of capital from criminal income, corruption, influence peddling and pressure on public officials to obtain ‘industrial privileges’.

Regarding Abdeslam Bouchouareb, currently on the run abroad, the representative of the public prosecutor also demanded against him a fine of 8 million DA with the issuance of an international arrest warrant, and 2 million DA against Ouyahia and former Minister of Industry Youcef Yousfi.

A sentence of 20 years in prison was required against the accused Djarbou Amine, together with a fine of 8 million DA. The same sentence was requested against the wife of CEO of Sovac Ms. Benmoussa Fatiha with the issuance of an international arrest warrant.

Sentences of 5 years in prison with a fine of one (1) million DA were required against the former CEO of the People’s Credit of Algeria “Credit populaire d’Algérie” (CPA) Omar Boudiab and former executives of the Ministry of industry and the credit committee at the CPA level, namely Djenaoui Faouzi, Tira Amine, Alouane Mohamed, Abdelkrim Mustapha, Nacer-eddine Djida, Boughrira Noureddine, Ouikane Djamel, Kasderli Abdelkrim, Benalga Mustapha and Abdoune Ismail.

The representative of the public prosecutor, also, demanded a fine of 32 million DA for the companies implied in this business as well as the seizure of their goods, in addition to the prohibition of exercise of an economic activity for a duration of 5 years.

Before his requisitions, the representative of the public prosecutor affirmed that the accused among former officials (Ouyahia, Bouchouareb and Yousfi) are not prosecuted, in this case, for political acts but for having committed criminal acts punishable by law of the fight against corruption. ”

On the evening of the second day of the trial, the bailiff of the Treasury indicated that this case caused “losses of 297 million DA for the National Agency for Development of Investment (ANDI) and 225 billion of DA with regard to the device SKD and CKD.

APS

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