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Djezzy appeal over $1.3 bln fine postponed again
May 6, 2012 / 4:41 PM / 5 years ago

Djezzy appeal over $1.3 bln fine postponed again

ALGIERS, May 6 (Reuters) - An Algerian court on Sunday postponed until May 27 an appeal hearing into a $1.25 billion fine imposed on Djezzy, the local mobile phone unit of Russian telecoms firm Vimpelcom, a Reuters reporter in the courtroom said.

The appeal hearing had already been postponed once, a week earlier.

Djezzy chief executive Tamer El Mahdy, who has been convicted in the case and faces jail if the conviction is upheld, was not in court for Sunday’s hearing. (Reporting by Lamine Chikhi; Writing by Christian Lowe; Editing by Hans-Juergen Peters)

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