Casablanca Bus Company Leaves Unpaid Debts and Abandoned Vehicles

M’dina bus, the former public transport concessionaire, left Casablanca leaving a hefty bill. In total, 60 suppliers are desperately trying to get their dues.
The former concessionaire of the bus public transport service, M’dina Bus, not only left abandoned buses in poor condition, but still owes money to its suppliers, reports L’Economiste.
"From one day to the next, we find ourselves without an interlocutor, abandoned to our fate," laments Mohamed El Housni, president of the Interprofessional Automotive Group of Morocco (GIPAM). According to him, eight member companies of this group have outstanding receivables estimated at more than 25 million DH.
M’dina Bus owes money to about sixty companies. Among them are vulnerable companies that could go bankrupt if the receivables are not recovered.
The total amount of receivables is estimated at over 60 million DH in the spare parts supply sector, 20 million DH in the fuel distribution sector and as much for insurance, the same source specifies.
Alsa Al Baida, the new public transport concessionaire in Casablanca, would not care about the situation of the suppliers but would rather ask them to continue to "sacrifice themselves" in order to supply spare parts for the dilapidated fleet of Casablanca buses still in operation, before the delivery of the new buses planned.
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