Middle East Economic Survey

VOL. LIII

No 4

25-Jan-2010

Sonatrach Appoints Interim Management Following Suspensions Shock

Algeria’s state-owned Sonatrach has appointed interim replacements in the wake of the corruption investigation which led to the removal from office of the majority of its senior management team. Algerian authorities took five days to acknowledge the fact that Sonatrach CEO Muhammad Meziane has been suspended and that he is under investigation. Furthermore, two...