Algeria jails ex-head of state energy giant for 15 years ...Kuwait

An Algerian court handed Tuesday a 15-year prison sentence to the former head of state energy giant Sonatrach in a corruption case, the latest ally of late president Abdelaziz Bouteflika to face jail time. Abdelmoumen Ould Kaddour, ex-Sonatrach head, had been on trial over the 2018 purchase of the Italian oil refinery Sicilian Augusta. Local media said the state oil and gas firm had paid ExxonMobil subsidiary Esso Italiana US$720 million for the site and associated infrastructure, seen as overpriced for a refinery in operation since the 1950s. Prosecutors said the deal had cost Sonatrach over US$2 billion, including some US$916 million for the fuel stocked at the site

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