Morocco: an investigation opened on "abnormal" transfers from France

The three Moroccan banks detected abnormal operations on accounts of Moroccan individuals and companies. The preliminary findings reveal that significant transfers, mainly in euros, are being transferred from abroad to other accounts belonging to the same beneficiaries. No clear commercial or economic transaction justifies this intense financial activity.

According to the National Financial Intelligence Authority, more than 15 million euros have been transferred in a single year, without any professional or commercial link having been established between the European structures that made these transfers and the beneficiaries in Morocco.

The investigation, conducted in coordination with the Foreign Exchange Office and the Customs Administration, aims to conduct a thorough examination of import and export documents in order to determine the existence of genuine commercial transactions that could justify these flows. Financial cooperation is in place with the competent authorities of the European Union, particularly in France, Greece and Italy, in order to trace the origin of the transfers and verify the nature of the activities of the senders.