[reuters] Algeria has decided to demand new back-taxes from Orascom Telecom's local unit, industry and government sources said, deepening the firm's problems as it prepares to sell the unit to the Algerian state.
Algeria's central bank has also notified justice officials about a suspected false declaration by the Director-General of the Algerian unit relating to its financial operations, the same sources told Reuters.
An Orascom Telecom spokeswoman at the company's headquarters in Cairo and a spokesman for the Algerian unit, Djezzy, both said they had no comment when contacted by Reuters about the back tax demand and the central bank complaint.
Orascom Telecom agreed to talks on selling Djezzy to the Algerian state after the unit was hit with previous back-tax claims totalling over $600 million and the Algerian government blocked a plan to sell it to South Africa's MTN
Algeria hits Orascom unit with new back taxes-sources