The investigating judge is referring a former general manager of a public bank to the prosecution

The first investigative judge of Tunisia's economic and financial judiciary issued the decision to investigate a file of allegations of financial and administrative corruption involving a former director general of a public bank. The judge decided to refer the former banking official to the competent prosecutor's office for consideration of financial corruption cases at the Tunisian Court of Appeal to make an appropriate decision on his behalf.

The parties to the case are concerned with the existence of suspicions of legal transgressions and overstepping the order in banking during the management of the public financial institution. The investigations include issuing massive bank loans for the benefit of a businessman without adequate collateral and in violation of legal procedures approved within the banking sector.

The investigative judge in charge of the economic and financial jurisdiction had earlier issued a prison sentence for the defendant's right to ongoing judicial investigation. The former bank official was formally informed of the breach of the search warrant issued against him and referred to the Court of Appeal for further proceedings in his case. This legal move comes in the context of a broader track record set by the courts regarding suspicions of financial and administrative corruption within public sector banking institutions. The credit and financial transaction files are subject to judicial review to demonstrate their compliance with applicable financial and banking regulation.

The Prosecutor's Office of the Court of Appeal in Tunisia is preparing to consider the results of investigations and see the file papers it has been charged with deciding the course of the case, either by referring it to the competent criminal chamber or making another judicial decision. The case remains under investigation pending the outcome of the next hearings.