People carry a national flag as they celebrate on the streets after Algeria’s president, Abdelaziz Bouteflika, submitted his resignation, in Algiers, Algeria, April 2 2019. Picture: REUTERS/RAMZI BOUDINA
Finance minister Mohamed Loukal — a former central bank governor who got the job from Bouteflika only in March — appeared in Algiers as part of an investigation into suspected misuse of public funds, state TV reported. There was no immediate comment from any of the men or lawyers defending them. Under the Algerian legal system judges can look into ongoing investigations and decide whether to put people in custody or release them until inquiries are complete.
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PIC Inquiry: Former deputy finance minister Jabu Moleketi rails against Bantu Holomisa allegationsFormer deputy finance minister Jabu Moleketi and his colleagues on Tuesday rejected UDM leader Bantu Holomisa’s claims that their businesses have received questionable funds from the PIC. gregnicolson My own reading of the cross exam of the Hon General Holomisa, i think he may have done himself good. He has been accused & it appears HFM does not want to be cross-examined. This is strange & they are hidi g behind technical formalities. Lets wait for the Judge to decide.
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Holomisa claims 'hurtful, damaging', ex-deputy finance minister Jabu Moleketi tells PIC inquiryFormer deputy finance minister Jabu Moleketi has dismissed as 'hurtful and damaging' allegations by UDM leader Bantu Holomisa that he used his links with the PIC to gain access to the coffers of the state-owned asset manager. Fin24 Khanithumele noba liphupha uyaphila uSizwe uXhosa egameni loyise kanyana ndingu mkhonto ugwaza ekhaya
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Business Maverick: China’s Xi Defends Belt and Road, Vows `Zero Tolerance’ of GraftChinese President Xi Jinping pledged to clean up his signature Belt and Road infrastructure program amid criticism the policy is indebting poorer nations and making them dependent on Beijing. What does Africa have to ensure its own economic growth and development? Is the _AfricanUnion implementing any plans that were last agreed on especially self-sustainability, free trade zone, strengthening of regional economic blocks, monetizing of Sports & Culture
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