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

Former Arsenal manager Arsene Wenger is considering a bid for the FIFA presidency, potentially challenging incumbent Gianni Infantino

Arsene Wenger Considers Challenging Infantino for FIFA Presidency

November 10, 2026
French judo legend Teddy Riner has officially announced his intention to run in France's 2027 presidential election,

Olympic Judo Champion Teddy Riner Announces Bid for French Presidency

November 10, 2026
Lamine Yamal to Miss Spain’s Match Against Czech Republic

Lamine Yamal to Miss Spain’s Match Against Czech Republic

November 9, 2026
Barcelona’s Pau Cubarsi Wins 2026 Golden Boy Award

Barcelona’s Pau Cubarsi Wins 2026 Golden Boy Award

November 9, 2026
Transport and Logistics Minister Abdessamad Kayouh

Morocco Processes Over 80% of 5,500 Complaints Over Transport Subsidies

November 9, 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?