Algeria's prosecutors demand 16 more years in prison for jailed auto mogul Mahieddine Tahkout over Swiss fortune

Billionaires Africa | 29.05.2026 19:58
Algeria's public prosecutor has requested a fresh 16-year prison sentence for jailed automobile mogul Mahieddine Tahkout at the specialised financial crimes tribunal of Sidi M'hamed in Algiers, in a new case centred on allegations that he concealed €1.17 billion across Swiss bank accounts and French real estate while already serving a previous conviction.