Algeria under the spotlight for its role in Iranian financial networks

According to the specialized media Sahel Intelligence, Algeria has become a key partner for the Iranian regime in circumventing international sanctions. Iranian-origin financial flows, particularly linked to nuclear activities, are reportedly hidden on Algerian soil through complex mechanisms.

These financial flows move through offshore companies, false invoices, multiple bank transfers, and investments in strategic Algerian sectors such as real estate, infrastructure, and extractive industries. These sophisticated arrangements allow Tehran to discreetly fund sensitive projects, especially in the military and nuclear fields.

Investigations by international anti-money laundering agencies reveal that Iranian funds are recycled through shell companies based in Algeria, using opaque banking channels and fictitious trade transactions, particularly in the energy sector and oil exports.

Sahel Intelligence stresses that Algeria’s role as a financial platform for Iran seriously jeopardizes its reputation on the international stage, especially with Western partners closely monitoring compliance with sanctions against Tehran.

This strengthened closeness between Algiers and Tehran was recently highlighted during the Eid al-Adha celebration, where only two countries were emphasized by the Algerian presidency: Iran and Tunisia. On this occasion, Algerian President Abdelmadjid Tebboune exchanged phone greetings with his Iranian and Tunisian counterparts, reflecting close political cooperation.

Given these revelations, the question of Algiers’ role in indirectly supporting the Iranian regime becomes increasingly critical as international pressure on Tehran intensifies. Algeria risks further isolation and scrutiny in an already tense geopolitical context.