The Public Treasury’s losses caused by businessman, Mohieddine Tahkout, and 11 former ministers and walis or governors, are estimated at 30,000 billion centimes, which is the file that will be opened on July 1st 2020 at the level of the court of Sidi M’hamed in Algiers, while “Echorouk” sources revealed that the case may be postponed to a later date, due to the defense’s failure to see the referral order, which includes more than a thousand pages and was not completed on time.
Thus, the court of Sidi M’hamed in Algiers decided on Monday, June 22, 2020, to adjourn the trial of Mahieddine Tahkout, prosecuted in several cases, including corruption, to July 1, 2020, due to the absence of the main defendant and the former Prime Minister, Ahmed Ouyahia.
Mahieddine Tahkout is being prosecuted on several corruption-related charges, including “obtaining privileges, benefits and public contracts in violation of the law”. Several officials and former ministers are also being prosecuted in these cases.
After his indictment, investigations revealed that Bouchouareb, the former industry minister who at large overseas, had received substantial bribes in exchange for his support.
Then it was former Prime Minister Abdelmalek Sellal’s turn to approve his case with the National Investment Council (CNI). Ahmed Ouyahia also received bribes in exchange for the facilities granted to Tahkout.
He has also been prosecuted for “misrepresentation and money laundering” since part of this money was illegally transferred abroad, the same source said.
Being very close to Ouyahia, Tahkout got many advantages in his investments. Thus, he obtained a 24.76 hectare plot of land in Tiaret, of which “six hectares of the land base are occupied by the building of the national company Sonitex”.
The cost of the project is estimated at 42119 billion centimes, according to well-informed sources.
The trial of Mahieddine Tahkout was first scheduled for the second week of June at the Sidi-M’hamed court. He was arrested and imprisoned on 11 June on charges of “corruption and illegally obtaining advantages that have harmed the public treasury.
Abdeslam Bouchouareb, Abdelmalek Sellal, Youcef Yousfi, Abdelghani Zaâlane, Djamel Khanfar, the former wali of El-Bayadh and Amar Ghoul, Abdelkader Zoukh the former wali of Algiers, and other former officials are all involved in the Tahkout trial.