Bouchouareb’s corporation froze its activity before he had been appointed as minister

CEC consultation institution said Algerian industry minister Abdesselam Bouchouareb’s Royal Arrival Corporation was created with the its initiative to run his personal properties. It has never operated and does not have any banking account.

According to CEC, Royal Arrival Corp was created in total transparency. Bouchouareb asked for freezing its activity. Because of that, no banking account was opened in Geneva.

CEC also said the corporation did not start any business in any country.