References in periodicals archive ?
Summary: OT reluctantly agreed to talks on the nationalisation of Djezzy after Algeria hit the unit with back-taxes.
He said those liabilities included $230 million in back-taxes, plus penalties, $190 million in fines to the central bank for alleged currency violations, and a dispute with former employees who claim they are owed wages.
In what his own camp has called a ruse, he's declared himself "delusional" to avoid the back-taxes charge.
Algeria's government has decided to demand new back-taxes from Orascom Telecom's local unit Djezzy, adding to previous tax claims totalling over $600 million, industry and government sources told Reuters.