The announcement came after a succession of loyalists deserted him in the face of the massive protests rocking Algeria.
"The move is just a way of keeping the political system with all the wrong turns that have led us to the current situation," it said.
As rumours swirl of frantic behind-the-scenes manoeuvring, prosecutors on Monday announced they had banned corruption suspects from leaving Algeria after launching graft probes against unnamed individuals. Haddad, who Forbes magazine describes as one of Algeria's wealthiest entrepreneurs, was detained overnight Saturday to Sunday at a border post with neighbouring Tunisia.
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