Millions of dirhams in unclaimed assets are quietly transferring to the Moroccan state each year, with a disproportionately small amount reaching rightful heirs. Current law dictates the transfer of these dormant assets, but places minimal requirements on efforts to locate beneficiaries. An investigation reveals a largely unexplored area of the Moroccan financial system, where the full scale of these unclaimed funds remains unknown. For every dirham returned to heirs, two dirhams go to the Treasury. This practice raises questions about transparency and the state’s responsibility in locating owners of these forgotten funds. The system operates with limited public scrutiny, prompting concerns about a “silent scandal” within the nation’s financial infrastructure. The investigation highlights a need for reform to ensure a fairer distribution of unclaimed wealth.
