THE FUSE

Algeria's specialised economic and financial crimes tribunal at Sidi M'hamed has delivered its verdict in the latest case against jailed automobile tycoon Mahieddine Tahkout: 10 years of additional imprisonment, a fine of 8 million Algerian dinars and the total confiscation of all his moveable and immoveable assets, his bank accounts, his deposits and investments held abroad including those already frozen by Swiss authorities through international judicial cooperation channels. The court also ordered him to pay 100 million dinars in civil damages to the Algerian public treasury.