Russian ambassador urges NATO to abandon military domination policyRussian Politics & Diplomacy March 30, 21:05
Three Russian cities interested in hosting 2023 Basketball World ChampionshipSport March 30, 21:02
White House gives no specific dates for Russian-US summitWorld March 30, 20:23
United Arab Emirates shows interest in Russian helicoptersBusiness & Economy March 30, 20:19
NATO secretary general says ceasefire in Donbass works only on paperWorld March 30, 19:47
Putin not against Russian businessman Deripaska speaking to US Congress about ManafortRussian Politics & Diplomacy March 30, 18:55
Russian space rocket center receives first tested engines for Soyuz spacecraftScience & Space March 30, 18:42
Ukrainian president orders to implement ceasefire starting from April 1World March 30, 18:41
Google agrees with basic terms of amicable agreement with Russian anti-trust regulatorBusiness & Economy March 30, 18:18
PRETORIA, December 25. /ITAR-TASS/. Founder of the biggest in history of the country financial pyramid billionaire Rafik Khalifa has been extradited to Algeria. As Algerian media reported on Wednesday, in compliance of an agreement with British authorities, he was brought from London, where since 2003 he was hiding from the investigation of fake bankruptcy and embezzlement.
In spring 2007, the court of Algerian city of Blida gave Khalifa a life sentence in absentia, finding him guilty of embezzlement of 3.2 billion dinars (over €320 million) entrusted by the depositors of his bank. All these years, the UK delayed the charlatan’s extradition.
Khalifa is the son of one of the ministers of the first government after Algeria declared independence. A pharmacist by training, in 1998, he founded the bank in his own name, where lured many customers with promises of unusually high returns from investments. It was the first private bank in Algeria since the beginning of liberalization of the economy and the general nationalization. Then he established an air carrier, Khalifa Airways, and a TV broadcaster in France, Khalifa-TV.