moroccan-banks

Fishrot: Iceland, EU slammed for failing to prosecute suspects in Namibia corruption scandal

The European Union has been slammed for its inability to act against Samherji, Iceland’s largest fishing company, following its involvement in one of Africa’s biggest scandals, as it has exposed the hollowness of its self-declared fight against corruption. The financial scandal — named after a 2019 Wikileaks release called the “Fishrot Files” — stretches from […]

EIB plans greater involvement in financing development projects in Morocco

The European Investment Bank (EIB) is seeking to deepen its involvement in financing key development initiatives in Morocco, aligned with the country’s economic and social priorities. The remarks were made by EIB Vice-President Ioannis Tsakiris on Thursday in Rabat during talks with Minister of Economy and Finance Nadia Fettah. The EIB official reiterated the Bank’s […]

Algeria: Three members of former powerful intelligence service sentenced to death

A military court in Blida, 45 km South-west of Algiers, has pressed death sentence against three members of the former powerful Security and Intelligence Directorate (DRS) for providing intelligence to foreign countries. Former President Abdelaziz Bouetflika had dismantled the DRS few years ago and put the institution’s powerful head, Mohamed Mediene, aka Toufik, on retirement. […]