A corruption case involving a Spanish company in Algeria has been postponed until October 22 by the Misdemeanor Court in Sharqa. The company, active in Algeria, is accused of benefiting from bank loans and colluding with an Algerian businessman to illegally construct housing in Ain Benyan, in the Algerian capital.
The case dates back to 2010 when the Spanish company obtained a commercial register, subsequently receiving bank loans. The defendants include an Algerian businessman identified as “S.A.” and Spanish individuals, including “D. Marx,” “A. Miguel,” and “R. Silva,” who are currently on the run. The charges against them include waste and embezzlement of public funds.
The decision to postpone the case was attributed to the presence of victims who established themselves as civil parties in the proceedings. The allegations point to illicit activities involving the Spanish company and its collaboration with an Algerian counterpart in violation of legal and financial regulations. The case highlights concerns about corruption and financial mismanagement in international business dealings.
