Gendarmerie Services Inventory Funds, Real Estate Of Businessmen, Ministers

The judicial police services, represented by the National Gendarmerie, proceeded to inventory and count the property, money and real estate of corrupt ministers, officers and businessmen, against whom the judicial authorities issued various sentences, in anticipation of implementing the confiscation orders as precautionary and preventive measures to prevent families of the convicts from money laundering to countries known as “tax havens” before final rulings are issued by the Supreme Court.

Echorouk sources revealed that the judicial authorities recently ordered the National Gendarmerie Services to inventory and count the property, money and real estate of those convicted for corruption cases after they received information that the families of these people are trying to sell and take a large number of movables and properties by stealth before they are completely seized by the force of law after the issuance of the final judgment by the Supreme Court, and transfer them to state property for sale in a public auction or disposing of these properties following the procedures in force.

The ruling judge demanded from the Public Prosecution, the necessity to expedite the procedures of inventory and counting the property, money and real estate of those accused of corruption, to prevent their families from disposing of smuggled money and property and transferring them to what are known as “tax haven” countries that attract illegal money, launder it and transfer it to banks.

According to the same sources, the National Gendarmerie services made an inventory of all businessmen’s property, including personal cars and those related to car agencies, and it also investigated the process of buying and selling vehicles during the period between the imprisonment of these people and the appointment of a judicial manager until the issuance of the ruling against them, and also counted the real estate, apartments, hotels and other properties as well.

The matter is related to Mohamed Bairi, owner of Ival Group, who was sentenced for the third time to 3 years in prison, Hassen Arbaoui, general manager of Global Group, and Ahmed Mazouz, owner of Mazouz Group, who were also sentenced for the third time with 4 years in prison.

The property of businessmen Mahieddine Tahkout, Mourad Oulmi, Ali Haddad, along with the family of the former General Manager of National Security, Maj. Gen. Abdelghani Hamel, and his family, who were sentenced between two and 12 years of imprisonment, along with other defendants such as ministers and officials who were convicted and whose property was confiscated.

The judicial seizure, and following its investigation, concluded that the son of the former minister, who was a fugitive from justice, Abdessalam Bouchouareb, offered the luxurious villa located near Al Quds mall in Cheraga (Algiers), in the name of Bouchouareb, for sale at an amount of 105 billion centimes, which he obtained in suspicious ways when he worked as the Minister of Industry, in the third government of Sellal, and this after it was taken from the Iraqi embassy that rented it for several years, while the eldest son of Bouchouareb, “Kh”, took all the valuables and 3 luxury cars.

Investigations also found that the wife of the former businessman and FCE president, Ali Haddad, who was sentenced to 12 years in prison, transferred many of the properties inside the villa that were seized by the justice, immediately after the ruling of the first instance court of Sidi Mhammed, located in Daly Ibrahim (Algiers).