Rabat, April 22 -- Algerian authorities arrested five billionaire businessmen on Monday, April 22, who were allegedly closely allied to the ousted Algerian President Abdelaziz Bouteflika.

According to Algerian state television, an Algerian court is investigating the five billionaires on allegations of corruption.

One of the five is Issad Rebrab, CEO of the Cevital industrial group and one of the wealthiest men in Algeria.

In 2015, Forbes named Rebrab the wealthiest man in North Africa, with a worth of $3.2 billion.

Four brothers of the Kouninef family are also under arrest. According to France 24, the family " is hugely influential and the four brothers have dealings in everything from agribusiness to civil engineering."

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