OSCE conf giving Russia, Turkey chance to straighten out relations — Serbia's President
Politician warns Ukraine will face huge losses, job cuts due to ban on exports to Russia
Russian Foreign Ministry: No conditions for modernization of trust-building agreement
Islamic State gunmen receive weapons from Turkey — Syria FM
Head of Crimea hopes power bridge will start operating on December 5-6
OSCE conf giving Russia, Turkey chance to straighten out relations — Serbia's PresidentWorld November 28, 3:03
NATO understands that Turkey creates risks for entire alliance — Russian NATO envoyRussian Politics & Diplomacy November 28, 0:45
Syria FM says incident with Russian plane act of aggression against Syria's sovereignityWorld November 27, 21:45
Russian Foreign Ministry: No conditions for modernization of trust-building agreementRussian Politics & Diplomacy November 27, 21:35
Head of Crimea hopes power bridge will start operating on December 5-6Business & Economy November 27, 21:29
Russia’s Aerospace Forces chief: Turkish F-16 didn't warn Su-24M crew at agreed frequencyMilitary & Defense November 27, 20:55
Kremlin pleased with results of French president’s visit to MoscowRussian Politics & Diplomacy November 27, 20:03
Russian upper house speaker accuses Turkey of ruining mutually beneficial cooperationRussian Politics & Diplomacy November 27, 19:35
Islamic State gunmen receive weapons from Turkey — Syria FMWorld November 27, 19:19
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.