“El Palace” Hotel.. The transfer of ownership will not affect workers’ positions – New Algeria

The management of the “El Palace” hotel in Barcelona, ​​which became owned by Algeria, reassured its workers that the change of ownership would not affect their positions after it was restored by Algeria in the context of fighting corruption and returning smuggled funds abroad, according to what was reported by the Spanish “Cronica” website.

The hotel management confirmed that it would continue to work according to a “30-year project” formulated by the National Investment Fund (an Algerian public body), which helped allay employees’ fears after the hotel transferred to Algerian state ownership..

The hotel’s general manager informed his team that the change would not be accompanied by any reduction in the number of workers or modification in any of the departments, despite the change in the company operating the location..

The “Cronica” website quoted union sources as saying that activity will continue normally and within a “long-term view” at the aforementioned hotel level.

The same sources explained that the hotel includes “some of the best hotel workers in Europe” with more than 30 years of experience, which makes any reduction in their number a costly step that reflects negatively on the quality of service.

The Spanish website indicated that the hotel officially transferred to the ownership of the Algerian state last August, after the National Investment Fund, the Algerian public body, acquired On full ownership of the property within the framework of a legal formula approved with the previous owner, Ali Haddad...The former Algerian businessman who is currently imprisoned after his involvement in corruption cases.

The “Cronica” website reported that this procedure was carried out with the consent of both parties, without resorting to the judiciary, with the aim of settling the debts of former businessman Ali Haddad, who had owned the hotel since 2011 before his arrest in 2019 on charges of corruption and abuse of power.

The “Cronica” website also mentioned that Algerian President Abdelmadjid Tebboune had made retrieving money smuggled abroad one of his priorities, and he had previously hinted that Algeria would recover in this context a luxury hotel in Spain without mentioning its name..

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