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Monday, August 29, 2005

Algeria: Courageous newspaper obliged to dissapear

Sad news from Algeria: one of the most courageous newspaper is obliged to disappear. Le Matin, the daily newspaper in French, will no longer appear. According to Le Quotidien d'Oran (in French) shareholders decided to dissolve SARL Le Matin and put it into liquidation. The decision was made at the general assembly on August 10 in the absence of manager and editor Mohamed Benchicou. Benchicou is still in jail for a violation concerning control of capital exchanges within the paper and for publishing a pamphlet attacking the president (see former posting).

The move came after one year of non-appearance and is probably due to the paper's huge debts. "The debts are huge. There are close to 8bn centimes (1.1m US dollars) in debts for printing in the central part of the country and close to 6bn (844,600 US dollars) in tax debts due to the bankruptcy to which Le Matin was subjected. In all that remain the debts due to the printing companies of the east and west as well as those that Le Matin owes to Algerie Presse Service (APS), the amount of which is not yet known," reports Le Quotidien d'Oran (in French). A little sign of hope is, however, that some of Le Matin's seven associates have decided to found a new newspaper.

Source: Le Quotidien d'Oran (in French)

Posted by Anna-Maria Mende on August 29, 2005 at 03:30 PM | Permalink


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