Read on app Read on app
✕
Prayer Times
  • Morocco
  • Lifestyle
  • Western Sahara
  • Weather Morocco
  • Login
Morocco World News
  • News
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport
No Result
View All Result
Morocco World News
  • News
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport
No Result
View All Result
Morocco World News

Home » Headlines » Moroccan Business Union Condemns Algerian FM’s Drug Trafficking Accusations Against Local Banks

Moroccan Business Union Condemns Algerian FM’s Drug Trafficking Accusations Against Local Banks

mwnbymwn
Oct, 23, 2017
0 0
A A
Moroccan Business Union Condemns Algerian FM’s Drug Trafficking Accusations Against Local Banks

Moroccan Business Union Condemns Algerian FM’s Drug Trafficking Accusations Against Local Banks

Rabat – La Confédération Générale des Entreprises du Maroc (CGEM), Morocco’s business union, has condemned the accusations made by the Algerian Minister of Foreign Affairs, Abdelkader Messahel, that Moroccan banks and the state-run airline company are laundering hashish money and transporting drugs.

“Royal Air Morocco carries something other than just passengers,” said Messahel on Friday during a meeting of Algerian business leaders, after disparaging Morocco’s continental economic strategy.

CGEM described the statements of the Algerian official “irresponsible” and “defamatory.”

The union of Moroccan companies also said that by making the claims, Messahel insulted the intelligence of his fellow countrymen, especially economic actors, who are aware of the efficiency of the partnership model that Morocco has installed with its African counterparts.

“These serious and unfounded statements also constitute an attack on the sovereignty of African states and their governance, regulatory and security institutions,” noted CGEM.

The federation assured that Moroccan banks operate according to international standards and are now present in more than 20 African countries.

CGEM highlighted what it called a “major role” played by Royal Air Maroc (RAM) in setting an airline connectivity, through which 2 million passengers from 27 African countries are transported per year.

The Moroccan airline company’s commitment to linking African countries, CGEM said, is highlighted by the fact that it was the only company that maintained its flights to the African nations stricken by Ebola in 2015.

Messahel‘s statements prompted RAM to issue a statement denouncing the Algerian chief diplomat’s “slanderous” and “ignorant” insinuations.

“The slanderous remarks of the Algerian Minister of Foreign Affairs show a total ignorance of the sector,” said RAM. “Air traffic is a highly regulated environment by highly-qualified international bodies.”

The company stated it would defend its reputation and that of its clients by “all legal means” possible.

 

Tags: Abdelkader MessahelAlgeriaAlgerian Minister of Foreign AffairsCGEMDrug-launderingMoroccan BanksMoroccan banlsMoroccan Business UnionMoroccoMorocco business unionRelations between Morocco and Africatension between Morocco and Algeria
TweetShareShareSendShareScan

Recent News

morocco beef import

Morocco Reaches 2026 Beef Import Quota of 300,000 Cattle

October 24, 2026
Raja Casablanca secured a place in the CAF Confederation Cup group stage after defeating Nigeria’s El-Kanemi Warriors 2-0 on Friday at the Mohammed V Stadium in Casablanca.

Raja Casablanca Beats El-Kanemi Warriors to Reach CAF Confederation Cup Group Stage

October 23, 2026
The Asian Football Confederation (AFC) has officially announced its support for FIFA President Gianni Infantino's bid for a fourth term, joining the Confederation of African Football (CAF) in backing his reelection.

AFC Backs Gianni Infantino for Fourth FIFA Presidential Term

October 23, 2026
Former Spanish Prime Minister Felipe González. (Designed by MWN team)

Former Spanish PM: Defending Spain’s Border Is Madrid’s Duty, Not Morocco’s

October 23, 2026
spain need morocco migration

Spain Needs Morocco’s Cooperation to Manage Migration, Sánchez Says

October 23, 2026

USEFUL LINKS

  • About
  • Privacy Policy
  • Contact
  • Careers
  • Terms Of Use
  • Cookies Policy

TOPICS

  • Mawazine 2025
  • Environment
  • Politics
  • Lifestyle
  • Sports
  • Western Sahara

REGIONS

  • International
  • Maghreb
  • Middle East
  • Africa

Download our App


Download the Morocco World News app on Google Play for Android

Download the Morocco World News app on the Apple App Store for iPhone and iPad

Copyright 2026 Morocco World News. All rights reserved. Morocco World News is not responsible for the content of external sites.
Read about our approach to external linking.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
No Result
View All Result
  • News
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport

Useful Links

  • Prayer Times

Useful Links:

  • Prayer Times

All Right Reserved © 2026 Morocco World News .

Contact us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?