Following our investigation entitled Corruption in Algeria: the Qatari Muslim Brotherhood channel of the Bouteflika, we learn that the oil trading company Lord Energy, led by Nazim Nada, the son of the famous Muslim Brotherhood financier, Youssef Nada, is heading for bankruptcy.
Anti-corruption investigations in Algeria are starting to give the Qatari authorities a cold sweat. According to our sources, in at least two cases, the investigations reveal the involvement of high Qatari personalities and several figures among the “protected” of Doha within the European networks of the Muslim Brotherhood in the financial circuits used by the Bouteflika clan to loot the country’s wealth.
