Initiators of a project called "Marrakech, African Cultural Capital 2020", Eliza Boumah and her husband, Philippe Brun, say they are victims of a scam orchestrated by a real estate agency and a police officer. In an open letter addressed to King Mohammed VI , the couple of investors expose the facts and call on the sovereign for help.
The Association for Law and Justice in Morocco (ADJM) is resolutely committed to fighting land spoliation. In this capacity, it has sent a letter to King Mohammed VI to denounce the "very serious human damage" and the damage to the image of Morocco and its judicial institutions.
The judicial police of Marrakech arrested three individuals suspected of real estate spoliation in Imintanout, in the Marrakech region. The public prosecutor’s office has opened an investigation.
Faced with the many damages caused by the Bab Darna affair, which has proven to be the biggest real estate scandal Morocco has ever known, the government is trying to secure transactions.
Abdellatif Jouahri, Wali of Bank Al-Maghrib (BAM), has just spoken out on the real estate scam known as "Bab Darna" and its repercussions on the Moroccan banking sector.
The Bab Darna case has not finished revealing all its secrets. Amina Achkoun, the group’s financial director, was before the public prosecutor near the Aïn Sebaâ correctional court on Tuesday to answer for her involvement or not in this major real estate scam.
Thanks to the vigilance of the authorities of the prefecture of Skhirat-Témara, an attempted fraud similar to the real estate spoliation orchestrated by "Bab Darna immobilier" was thwarted.
The Bab Darna group is at the heart of a major real estate scam. There are already 855 victims nationwide for an amount of more than 400 million dirhams.
The "Bab Darna" affair, a real real estate fraud scandal that led to the arrest on November 21 of Mohamed El Ouardi, president of the incriminated company, continues to make headlines. Among the victims, hundreds of MREs who have invested large sums of money.
More than 300 people were victims of a major fraud operation carried out in Safi by a Saudi real estate developer. The scam involves at least 50 million dirhams, paid to the fake real estate developer as down payments.
The Land Conservation Agency has just announced new measures to fight land grabbing. It is now forbidden to issue the Certificate of Real Estate Ownership concerning a third party. Several other measures have also been added.
Fraudsters in the land sector are in the sights of the authorities. A new measure has just been taken to lock the loopholes used by forgers to circumvent the regulations in this area.