ALGERIA
 
Algeria Corruption: Sonelgaz Chief Probed, Saipem Profits Warning
 
The head of Algeria’s state gas and power distribution firm Sonelgaz has been placed under legal supervision related to ongoing corruption investigations.
 
Sonelgaz CFO Noureddine Boutarfa and some 15 other managers have been placed under ‘contrôle judiciaire’ meaning that their movements are limited.
 
Allegations centre on 2007 deals with US firm...