The dispute between the civil explosives company EPC Maroc and Société Foncière Iskane finally ended up in court. Accused by EPC of dispossession of real estate property with threats and violence, and destruction without warning of premises, Anas Sefrioui, Saad Sefrioui, Kenza Sefrioui and Malik Sefrioui, are the subject of a direct summons before the criminal court, filed in against them by EPC.
In a statement released Monday, EPC-Maroc, which claims to be the victim of “the unreasonable destruction without warning on March 29, 2021 of its administrative and commercial premises in Bouskoura”, indicated that it had brought several legal actions against Iskane.
In doing so, EPC Maroc invokes article 570 of the penal code which stipulates that “is punished by imprisonment from one to six months and a fine of 200 to 500 dirhams, anyone who by surprise or fraud dispossesses others of real estate.
If the dispossession took place either at night, or with threats or violence, or with steep escalation or break-in, or by several people, or with the carrying of an apparent or hidden weapon by one or more of the perpetrators, the imprisonment is from three months to two years and the fine from 200 to 750 dirhams ”.
The company specializing in civil explosives intended for quarrying, the mining industry and public works sites, initially claims provisional compensation for damages for the damages suffered of ten (10) million dirhams. pending the finalization of the appraisal and evaluation work.
It makes the first partial estimate at the amount of 67 million dirhams relating only to material losses and thefts.
While recalling that Iskane did everything to try to obtain a judicial expulsion from EPC, the court having rejected all its requests, EPC Maroc affirms that the land company finally decided to act outside the law and regulations in force, by proceeding, on March 29, 2021 and without prior notification or summons, to destroy the destruction of buildings housing equipment and in which 30 people were active.
Relating the facts, EPC Maroc indicates “this methodical destruction which lasted 48 hours was accompanied by savage looting during which material, technical documentation, including technical drawings and equipment were stolen and carried away by criminals” .
She deplored in this regard, a “violent, brutal and without any precautionary approach towards a company operating in a sensitive sector and whose sites and equipment obey extremely strict regulations, in addition to having directly harmed to the company and its customers, has generated a serious trauma within the teams still on site, while carrying significant risks in terms of safety and security for the community ”.
The civilian explosives company affirms in fine that it “will use all legal avenues to obtain compensation”, and releases “its responsibility vis-à-vis the consequences of these events and the thefts and looting which resulted from them”.
The year 2020 has not been very lenient for the Addoha group, majority owned by the Sefrioui family, which has had great difficulty in carrying out its current projects, and even more so in launching new ones.
In February 2021, the group once again called on the bond market to get into debt (nearly 600 million dirhams) over a period of two years. This waiver was added to a debt estimated in September 2020 at some 4.8 billion dirhams.
In decline for some time now, Anas Sefrioui, whose business is not doing as well as before, has not appeared in the Forbes ranking since 2017, the year in which he had the 18th fortune in Africa.