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Vol 3 (AAC) No 5

Published 1st March 2010


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.

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