Investigating suspicious transfers of $80 billion

Agadir 24 | Agadir24

The monetary oversight authorities subjected the transactions of quite a few corporations to surveillance, following monitoring suspicious monetary transfers between them.

In response to what Al-Sabah newspaper reported, officers in three banking teams monitored unjustified monetary transactions between a bunch of corporations, some overseas and others in Morocco, all of that are energetic in the true property, import and export sectors.

The identical newspaper defined that the suspected community consists of greater than 40 corporations that perform fictitious transactions amongst themselves, whereas the cost transactions are carried out by way of financial institution switch. It seems that the transfers find yourself in solely six accounts, which raised suspicions among the many officers of the related banks.

Through the examination of the suspicious transactions, it was revealed that some transfers exceed 3 times the capital of the corporate that obtained them, and there are different transfers with out actual business transactions, because of which it was determined to inform the Nationwide Authority for Monetary Data to deepen analysis into this file.

Al-Sabah sources indicated that the full worth of the suspicious transfers exceeds 800 million dirhams (80 billion centimes), suspected of coming from unlawful sources resembling drug trafficking, highlighting that the transfers between numerous corporations purpose to launder this cash and reintegrate it into the cycle. Financial.

Accordingly, the Nationwide Monetary Data Authority started its investigations to uncover the threads of this case and decide the business relationships linking the suspected corporations, in coordination with the monetary management nations inside the European nations the place a few of these corporations are situated.