Jump to navigation

Vol 3 (AAC) No 5

Published 1st March 2010


Algeria

Companies and contracts under scrutiny

There are four main strands to the sweeping the anti-corruption investigations launched in the wake of President Abdelaziz Bouteflika’s win with 90% of the votes cast in the elections on 9 April 2009: the review of the East-West Highway project now costed at over US$12 billion; the review of more than $3bn. of railway building contracts awarded by the Agence Nationale d’Etudes et de Suivi de la Réalisation des Investissements Ferroviares; the award of no-bid contracts by directors of the state oil company, Sonatrach; and the gaoling of five executives of the state-owned Société d’Exploitation et de Gestion des Terminaux Marins à Hydrocarbures.

End of preview - This article contains approximately 597 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.