
Moroccan Bank Director and Employees Jailed for $1 Million Embezzlement Scheme
The director of a bank and 3 employees were sentenced to 26 years in prison, accompanied by a fine of 100,000 dirhams. They are accused of embezzling 10 million dirhams.

The director of a bank and 3 employees were sentenced to 26 years in prison, accompanied by a fine of 100,000 dirhams. They are accused of embezzling 10 million dirhams.

The National Office of Hydrocarbons and Mines (ONHYM) has granted Sound Energy a two-year extension on its Sidi Moktar onshore exploration permit. This new authorization will allow the British company established in Morocco to make up for the time lost due to the coronavirus pandemic.

Essaouira wants to cushion the shock caused by the drop in international tourism. It is making the choice of tactical and strategic withdrawal with miracle solutions such as luxury vacations, rural tourism and niche tourism. Its human resources and the quality of its accommodation facilities are its other assets.

4 million dirhams have disappeared from a bank account opened by a businessman in a bank branch in Essaouira . Behind this case, several individuals, some of whom are on the run.

The commercial director of a real estate company was sentenced to 5 years in prison for fraud by the court of first instance of Essaouira. This arrest came after several protests and complaints filed by hundreds of families against the company that had collected large sums of money, without honoring its commitments.

The coronavirus has severely impacted Moroccan tourism due to the closure of the kingdom’s borders. As a result, heavy losses have been recorded.

Leaving Belgium in March, Manuel, a Belgian retiree, has been blocked and confined in Morocco since the entry into force of the state of health emergency. Since July 26, his pension has been cut off, and he finds himself penniless.

Originally from Agadir , a married woman chose to conceal her adultery and pregnancy by filing a complaint against her lover for burglary and sexual assault. The complaint was filed last Friday in Essaouira .

Many Moroccans are victims of a real estate scandal in the context of the construction of an affordable housing project in Essaouira . They paid for apartments that were allocated to other beneficiaries.

The dream of becoming a homeowner has evaporated for some 200 civil servants in Essaouira . What they saw as an opportunity was just a scam. The author, a commercial director of a real estate company, is currently in custody.

The director of a bank branch in Essaouira was arrested on Friday by the prefectural judicial police service of Marrakech. He is accused of being allegedly involved in a case of breach of trust.

The Moroccan police performed feats in their interventions in Essaouira, Nador and Guelmim, the day before and on the day of the celebration of Eid al-Fitr. This is the result of the good progress of the collaboration between the General Directorate of National Security (DGSN) and the General Directorate of Territorial Surveillance (DGST).