Princesse El-Materi Holdings Princesse El-Materi Holdings Princesse El Materi Holding was a company created by the Tunisian businessman Sakher El Materi, the son-in-law of Zine El Abidine Ben Ali, who was President of Tunisia until 2011. Princesse El Materi Holdings used nepotism and improper money to acquire illegitimate businesses. Under Ben Ali's rule, the company become one of the largest conglomerates in Tunisia. It actively held companies in six different industry sectors, including News and Media, Banking and Financial Services, Automotive, Shipping and Cruises, Real Estate and Agriculture. On November 22, 2010, the group also diversified into the Telecommunication industry. Princesse El Materi
Zine El Abidine Ben Ali his office in parliament, swearing to respect the constitution in the presence of his senate counterpart, Abdallal Kallel, and representatives of both houses. It was also announced that the speaker of parliament would occupy the post of president temporarily and that elections would be held within a period of between 45 and 60 days. On 26 January 2011, the Tunisian government issued an international arrest warrant for Ben Ali, accusing him of taking money out of the nation illegally and illegally acquiring real estate and other assets abroad, Justice Minister Lazhar Karoui Chebbi said. Videos show that the president stashed