Maroclear, a partly state-owned firm headed by Fathia Bennis which monitors the stock exchange, spent 2.3 million dirhams (206,000 euros) on chocolate in the last seven years, according to a report obtained by Arabic daily Al-Akhbar.
Bennis, who supported the ruling Justice and Development Party (PJD) during its victorious 2011 election campaign, confirmed the claims, but defended her company's sweet tooth.
“Every Christmas we receive chocolate presents,” she told the paper.
“So don’t we have the right to buy chocolate?”
Maroclear’s former financial director, Ali Benmiloudi, also confirmed the figures in the report were authentic, adding that the company had bought five tons of chocolate in seven years.
The report was carried out by corporate social responsibility firm Vigeo, which the paper cited as saying the purchases were made from luxury chocolate stores in Casablanca.