Three Chinese executives were found guilty of bribery in Algeria and sentenced last week to ten years in prison in absentia.
According to a report on the French language news site Le Soir D’Algerie, ZTE’s Dong Tao and Chen Zhibo and Huawei’s Xiao Chuhfa were accused of paying bribes amounting to $10 million to a senior official working at state-owned Algérie Télécom, through offshore accounts in Luxembourg.
ZTE and Huawei were banned from bidding for public sector contracts, the report said.
Algerian authorities said they have issued international arrest warrants for the three executives and may seek their extradition.
Michael Kuria is a contributing editor of the FCPA Blog. He’s a counter-fraud and counter-corruption consultant currently active in the East, Central and Horn of Africa regions.
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