Larbi Nasra sells Tunisia’s Hannibal TV station

Tunimedia, the Tunisian media group controlled by Larbi Nasra, is reported to have sold a 90% holding in DTT and DTH channel, Hannibal TV. The majority of shares were to the Noureddine Hachicha-owned Soroubat construction group, and real estate and textiles group, Makni Group. An approximate 10% shareholding was also sold to overseas investors.

Nasra, a relative of the wife of ousted former president Zine al-Abidine Ben Ali, is reported to have a written agreement with the new shareholders to prevent any interference in the editorial line of the station – which “should remain moderate and represent all the people of Tunisia as it has always been.”

Nasra’s family retains the remaining 10% shareholding in Hannibal TV but says this may also be sold if his political aspirations are successful. In Janaury 2011, Nasra and his son were arrested for high treason and conspiracy against state security with Hannibal TV closed down for 24 hours.