Professional fraud on five stars hotels in Algeria

“Premuda” manager presented a check without account to conduct “Hayat Regency” hotel in Oran (west of Algeria). This act costs him about 300 billion Centimes.

• Ms. Nayet, general director of “Hayet Regency” hotel in Oran revealed to Echorouk new details on how “Promida” Italian complex manager cheated the owner of the hotel, Mr. Elhadj Mokhtar Mohieddine.  He fled leaving the hotel with 300 billion centimes of debts.
• The same director also said that “Hayet Regency” hotel date of sale by the Algerian popular loan which financed the project is not yet fixed. She is waiting for the minister of finance to prevent the closure of this tourist building which feeds dozens of families.
•  “Premuda” Italian group has been working in tourism for two years in Algeria. It brought a huge investment project worth 12 billion dollars and then was welcomed by the highest authorities in Algeria. However, it ended with the biggest fraud operation causing losses of billions. Italian group “Premuda” which claimed to have a big experience in the field of managing hotels and tourism resorts, had addressed towards Oran because of its enormous potential in tourism.That was the beginning of the fraud series with Hayet Regency‘s five stars hotel which is situated in Elborki street in Oran province – seven kilometres from Essenia Airport- whose owner is “Alhadj Mokhtar Mohyeddine”.
• Check without provision to conduct a 500 billion centimes hotel
• Echorouh went to “Hayet Regency” hotel and met with Ms. “Nait” general director of the hotel, which won honourable arrangement in North Africa. She took it over to conduct its affairs two months ago. She sadly said the way Italians got this institution using a professional fraud… some called “Mario Ronkaline”, 64, who entered Algeria on July 24th 2006 and met the owner Elhadj on the grounds that he is “Promida”s manager. Then, he suggested participating in conducting “Hayet Regency” hotel. Mr. Mohyeddine accepted his proposal while the Italian gave a check as collateral worth 50 billion centimes to conduct the hotel.  In fact, it was without provision representing ten percent of the project’s total cost. The owner went to France, where he used to live, but when he returned back he was surprised by the situation of the hotel in the hand of the Italians. He destroyed it over eight months and stole everything expensive in it.
• Investigations launched by security department who worked on the file of this thorny issue, six months, during which they discovered Promida’s group involvement in this unique fraud operation.
• A court in Oran subsequently ordered to put the Italian businessman under judicial control and the confiscation of his passport until final decision on his case. Yet, “Ronkaline” fled leaving behind several questions. As for those who help him, they fled across Moroccan borders and justice will consider their case soon.
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