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May 24, 2023 | 2 years ago
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The judge of
the third chamber of the financial center of Sidi M’hamed, in Algiers, has been
investigating for a few days an important case related to the renovation of
three public hotels, located on the west coast of the capital: Le Mazafran in
Zéralda, the Sidi Fredj complex with El Marsa hotel and the Marina Residence,
better known as “H3”, which costs billions of dinars.
More than four dozen individuals, including many
industry executives and public and private companies, have been charged to
date. This investigation was initiated by the Chéraga court and concerns the public
procurement procedures for the rehabilitation of these establishments initiated
by the public authorities since 2011, more than 10 years. These delays have led
to serious financial consequences.
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