Weekly Market Rentals Under Investigation Amid Contract Violations

Hespress, a leading Moroccan digital newspaper, reports on a significant investigation launched into the rental of weekly markets across the Kingdom. This probe, spearheaded by the General Treasury of the Kingdom and other oversight bodies, targets alleged irregularities and violations of contractual obligations by both local authorities and the companies managing these vital economic hubs.

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Irregularities related to non-compliance with the terms of reference by territorial communities and specialized companies for the rental of weekly markets have prompted the intervention of oversight bodies, led by the General Treasury of the Kingdom, to investigate a number of deals.

The investigation has been triggered by specific instances where companies have reportedly paid only six months of rent instead of the stipulated annual amount, and have also failed to remit Value Added Tax (VAT). These practices, observed in provinces like Nouaceur, Berrechid, and Benslimane, directly contravene the terms outlined in the 'cahier des charges' (terms of reference) that govern the rental and management of these markets.

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The terms of reference oblige companies that win the bid to manage the weekly market facility in any community to pay the annual rent, which must include all fees, including VAT.

Industry professionals have expressed strong disapproval of these alleged 'tricks' used by some companies to circumvent the law, highlighting the substantial financial losses incurred by the state treasury. Hespress notes that the investigation gained momentum following a complaint regarding the Sidi Hajjaj Oued Hassar weekly market in the province of Mediouna, which led to the suspension of its rental process and prompted regional authorities to intervene. This situation underscores the importance of transparency and adherence to regulations in managing public resources and ensuring fair economic practices within Morocco.

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Industry professionals working in the sector expressed astonishment at the actions of some companies in circumventing the law to avoid paying VAT, which results in the loss of significant financial resources and an important budget for the state treasury.