Rabat - King Mohammed VI’s acquisition of a luxury 1930’s schooner through an offshore company was conducted "without intention of concealing the purchase or committing financial wrongdoing," Hicham Naciri, legal counsel for the secretariat of the king, told Medias24 during an interview on Wednesday regarding the recent findings of a massive document leak called the Panama Papers.

Zainab Calcuttawala is an American journalist based in Morocco.