Ali Haddad, one of the strongmen during the last years of the chaotic reign of deposed President Abdelaziz Bouteflika, loses everything. Sentenced to several heavy prison sentences in corruption cases, the ex-president of the FCE languishes in Tazoult prison in Batna.
He is serving an 18-year prison sentence. His last and final appeal lodged with the Supreme Court was rejected, which confirms the conviction on appeal against him, which was pronounced on March 11, 2020, by the Court of Algiers.
In addition to the conviction of Ali Haddad to a heavy prison sentence, the justice ordered the seizure of his property.
On May 27, the Supreme Court rejected the appeals in cassation brought by the general prosecutor’s office, the public treasury, and all the accused in the cases of Ali Haddad and the Kouninef brothers, the other symbol of the Algerian oligarchy constituted during the reign of Bouteflika.
Workers on statutory leave
Result: the ETRHB group and all its subsidiaries, as well as its property, become the property of the Public Treasury, and therefore of the Algerian State, according to a memo published on June 3 by this company specializing in construction, and which was shared this Sunday on social networks.
In this note intended for the workers of the group and signed by the administrator of the ETRHB, it is indicated that any decision concerning the company is the “responsibility of the State”, and this after measures of effective transfer of property which will be taken soon.
The group announces that this nationalization will bring about changes at all levels at the level of the company and its functioning: internal regulations, current contracts, trade registers, etc.
While waiting for the effective nationalization of the ETRHB group, the administrator has decided to put all the workers on annual leave, while ensuring a minimum service.
The administrator also promises to resolve all outstanding problems, including the delay in the payment of salaries, employer contributions not paid to the CNAS and Cacobath, the reimbursement of credits to the various organizations, and the preparation of a work plan and management for the future.
