Morocco: The Dramatic Fall of the Banker Who Freely Helped Himself to the Till

The Court of Appeal delivered its final verdict by upholding the judgment handed down last November. The perpetrator received a custodial sentence for theft and forgery offenses. In addition to imprisonment, the court maintained financial penalties, requiring the guilty party to pay 1.75 million dirhams in damages to the financial institution that had filed a civil claim.

On Bladi.net : Morocco: The banker was directly withdrawing from customers’ accounts

The modus operandi of this 34-year-old man from Salé was based on computer manipulation within a bank. According to Al Akhbar, the suspect used his own professional credentials to create fictitious bank profiles and authorize illegal withdrawals. These embezzlements were uncovered by an internal audit commission, prompting management to immediately alert the competent authorities.

On Bladi.net : Morocco: A Female Banker Flees With Client Funds

Arrested by financial police on April 20, 2024, the defendant had been held in Tamesna prison pending trial. During this lengthy proceeding, he proved unable to justify these money flows in the face of overwhelming evidence from the public prosecutor. This vast fraud echoes a series of similar offenses recorded over the past two years within the same banking network in Rabat, Témara and Salé.