Moroccan Bank Manager Sentenced for 300,000 Dirham Embezzlement Scheme

Sentenced in the first instance to 18 months for breach of trust and fraud, the accused was granted mitigating circumstances. The judge decided to reduce his sentence by 6 months, reported the daily Assabah.

An audit commission had identified numerous irregularities in the bank accounts of the agency’s clients. Several transfers, ranging from 10 to 50,000 dirhams, would have been made by the agency manager.

During his deposition, the man admitted to having taken possession of the sum of 300,000 dirhams in order to be able to pay the hospitalization costs of his father, who was in a private clinic in the city.