Five Algerian billionaires arrested in anti-graft investigation

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Five Algerian billionaires arrested in anti-graft investigation
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Five Algerian billionaires, some of them close to former president Abdelaziz Bou...

ALGIERS - Five Algerian billionaires, some of them close to former president Abdelaziz Bouteflika who quit over mass protests, have been arrested as part of an anti-graft investigation, state TV said on Monday.

The five are Issad Rebrab, considered the richest businessman in the energy-rich north African nation who is especially active in the food and sugar refining business, and four brothers from the Kouninef family, it said. An Algerian court has already summoned former prime minister Ahmed Ouyahia and current Finance Minister Mohamed Loukal, two close associates of Bouteflika, in an investigation into suspected misuse of public money, state TV said on Saturday.

Hundreds of thousands protested on Friday to demand the resignation of Bensalah and other top officials.

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