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Last Updated: Thursday, 22 March 2007, 12:29 GMT
Life sentence for Algerian tycoon
Lawyers and attendants outside the Algerian court in Blida
Rafik Khalifa did not attend the court in Blida, Algeria
British-based Algerian Abdelmoumene Rafik Khalifa has been sentenced to life in prison in absentia for his part in Algeria's biggest banking scandal.

An Algerian court convicted Khalifa of criminal association, corruption, abuse of trust, and forgery.

Khalifa, the head of the bank at the centre of the scandal, has lived in the UK since 2003.

Ex-central bank governor Abdelouahab Keramane and four others received 20 years in prison in absentia.




SEE ALSO
Algerian bank fraudsters jailed
22 Mar 07 |  Africa
Algeria bank fraud trial begins
08 Jan 07 |  Business
Country profile: Algeria
12 Dec 06 |  Country profiles



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