Anas Sefrioui

EPC Maroc brought several legal actions against Société foncière Iskane and representatives of the Sefrioui family, including Anas Sefrioui, following the demolition of premises in Bouskoura. EPC alleged unlawful dispossession, destruction and substantial losses.

State of the evidence

Disputed

Attribution

Directly implicated

Two associations of purchasers in high-end developments in Bouskoura accused Addoha Prestigia, owned by Anas Sefrioui, of unilaterally cancelling preliminary sale agreements and then reselling certain properties. The associations maintained that the cancellations took place without a court decision.

State of the evidence

Alleged

Customers of Addoha developments obtained civil judgments against group companies concerning sums paid upon reservation. Press coverage subsequently implicated Anas Sefrioui directly, and he announced defamation proceedings.

State of the evidence

Disputed

Attribution

Direct responsibility

Forbidden Stories describes the transfer of collective land in Ouled Sbita through CDG to Addoha and accounts from residents claiming they were misled about the land's intended use and inadequately compensated.

State of the evidence

Documented

Attribution

Direct responsibility

Following a sharp rise in Addoha's share price before the announcement of agreements with the state, the regulator opened an investigation into possible insider trading. Forbidden Stories reports that a Court of Auditors report criticised the special treatment and closure of the case.

State of the evidence

Documented