French Billionaire Implicated in Moroccan Urban Development Corruption Scandal

Khalid Ouaya and his wife Sabrina Bouzidi, both prosecuted at liberty for corruption, have supported the same version, reports TelQuel Arabi. Bouzidi denies having covered her husband’s corruption and having signed a contract with DR Promotion, the company of the plaintiff Rachid Hosni.

The couple stated that the amounts found in their possession (the check for 8.6 million and an amount in cash estimated at 500,000 dirhams) represent only a portion of the advances on fees and services of the IFA Conseil agency run by Sabrina Bouzidi. These fees and services were set at 13 million dirhams.

Subsequently, the two defendants made it known that the plaintiff had made them a proposal that could allow them to do without taxation. According to them, it was a question of transferring the amount in currency to a foreign account, through a company located in a country other than France. At the maneuver, the lawyers of a French billionaire, owner of a large supermarket chain in France.

Sabrina Bouzidi also said she met Rachid Hosni at the end of 2017, who had introduced himself as the representative of the billionaire in Morocco, but denies having signed a loan contract of 600,000 euros with the company and him. The ongoing investigation could reveal other secrets.