Morocco royals to lower bank stake amid protests : "Controlled by the royal family, the conglomerate Societe Nationale d'Investissement (SNI) and its affiliate ONA Group have stakes spanning mines, steel, cement, supermarkets, sugar refining, banking, telecommunications, insurance and renewable energy.
Led by a youth movement that calls itself the February 20 Movement for Change, thousands of Moroccans took to the streets in 53 towns and cities last month to urge the 47-year-old ruler give up some of his powers to a newly elected government. [ID:nLDE71J06Q]
Echoing concerns by businessmen, the protesters also criticized the perceived domination of companies controlled by the monarch and his family and figures close to the palace."
You Might Also Like :
0 comments:
Post a Comment
:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.