90 million dirhams illegally transferred abroad: a vast network dismantled between Casablanca, Paris and Brussels

Regularly registered import companies, up to date with the tax authorities and producing transparent financial statements, were used as a cover for an illegal transfer system. These companies claim to import automotive parts, medical equipment or industrial equipment. But in reality, they were shell companies used to transfer capital abroad, through fictitious commercial transactions with partners established in France and Belgium. The amounts transferred exceed 90 million dirhams, according to sources at Hespress.

The customs and foreign exchange controllers discovered the existence of well-established circuits linking Casablanca, Paris and Brussels, with intermediaries established in Europe who provided the necessary documents, including invoices, import authorizations and delivery notes, to disguise the transfers. The Moroccan control services conducted these investigations in collaboration with the European customs and financial services and Europol.

To avoid arousing any suspicion, the companies transferred small sums. Several people involved in this network have been identified. Some of them, having dual nationality, would have created companies abroad to facilitate these illegal transfers. Others have limited their travel to Europe, preferring safer destinations such as the Gulf countries or sub-Saharan African states to escape the investigators. The investigations also revealed significant discrepancies between the amounts declared in Morocco and the transactions actually carried out abroad.