Investigations reveal that some car rental agencies in Morocco may be involved in money laundering operations. These companies offer high-end vehicles at abnormally low prices, raising questions about the legitimacy of their activities.
Sources report that cars worth between 500,000 and 1,000,000 dirhams are rented from 300 dirhams per day. These prices do not cover operating costs, which fuels suspicions of financing by illicit funds, possibly linked to criminal activities such as drug trafficking.
The financial authorities, including the National Financial Information Authority, have been alerted and are carrying out investigations to identify the sources of this financing. These companies allegedly use practices such as fictitious leasing and falsification of accounting documents to conceal the origins of funds and present a legitimate economic front.
Industry players denounce the impact of these practices on the market, in particular unfair competition and pricing imbalances. Companies that comply with the legislation find themselves in difficulty faced with these illegal financial flows which distort market rules.
Moroccan laws require relevant institutions to report any suspicious activity, and investigations are underway to determine responsibilities. Professionals hope that these efforts will help restore credibility and stability to the sector.
Authorities have not yet officially announced the results of the investigations, but the initial findings reinforce concerns about the use of car rental agencies as a cover for money laundering operations.
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