Bank Director in Tétouan, Morocco Arrested for $180,000 Embezzlement Scheme

During an internal inspection carried out by a bank agency in Tétouan, it was discovered that an amount of 1.8 million dirhams had been embezzled during the period from 2021 to 2022. The bank’s services seized the Rabat public prosecutor’s office, which ordered the opening of an investigation by the judicial police services, reports the Arabic-language daily Al Akhbar. An employee of the bank agency who was the branch manager at the time of the facts is suspected of being behind this embezzlement.

After his arrest, his placement in custody and his appearance before the court, the employee was imprisoned on the decision of the investigating judge in charge of the case. His trial should open soon. He could be prosecuted for the embezzlement of public and private funds, as well as for the falsification of official documents.