Since his first term as minister, Akhannouch had already suspended all professional or commercial activity, in particular participation in the governing, management and administration bodies of private companies of the family group, recalls a press release from the designated head of government.

Akhannouch decided on Monday to “disengage entirely, including from activities related exclusively to the acquisition of equity interests and the management of securities, despite the absence of any legal restriction,” said the same source.

Indeed, even if the law allows it, Akhannouch has abandoned all management activity in the private sector, devoting himself entirely to the new functions with which he has been tasked by the Sovereign, the statement said.

Source: Agency Morocaine De Presse