Casablanca Residents Demand Justice After 15-Year Wait for Ghost Project
Residents of Casablanca are seeking justice after enduring a frustrating 15-year wait for a stalled real estate project in Sidi Maârouf. On a recent Monday morning, numerous victims gathered at the city’s correctional court to demand accountability from developers, who failed to deliver the promised apartments.
Background of the Failed Project
The real estate project has been mired in controversy and bankruptcy. The principal developers were notably absent from court proceedings. Their assets have faced bank seizures and are currently in the auction process through the commercial court.
Legal Proceedings
- The court session lasted over six hours.
- The public prosecutor reviewed statements collected by the provincial crime brigade.
- The hearing was postponed by two weeks.
During this time, the developers were ordered to negotiate a settlement with the victims to restore their rights. The delay was not solely to give developers more time; it was also due to the emergence of new complaints. Other victims have arisen, including a developer who claims to have paid for two plots of land without ever gaining possession.
Extent of the Crisis
The overall number of victims is believed to far exceed the officially registered complainants, with estimates indicating over 280 affected individuals. The severity of the situation has prompted the involvement of the King’s prosecutor and a representative from the public ministry, both eager to address the plight of the victims.
Financial Implications
The failed project is deeply indebted, with a financial institution seeking repayment of approximately 480.5 million dirhams. Many clients paid in full for their apartments, while others have contributed between 15% and 50% of the agreed amounts. An intervention by a former minister, married to an entrepreneur owed millions by the promoters, aimed to attract a new investor. However, the scale of the debts has hindered any serious recovery attempts.
Victims’ Reactions
During the court proceedings, an alternative proposal was suggested involving a private entity willing to support the project’s revival. However, victims dismissed this option, arguing the organization lacked the necessary resources to secure their investments or provide adequate compensation.
The agitation among residents reflects their desperation for resolution after such a prolonged wait. As this legal saga continues, the calls for justice highlight the challenges faced in the real estate sector in Casablanca and the urgent need for accountability.
