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Mercenaries channeled funds through Malta, UAE for planned Libya attack

The 20 private military contractors (PMCs) who were evacuated from war-torn Libya aboard two Malta-leased RHIBs and to Valletta, were aviation experts getting ready to operate assault helicopters, MaltaToday has learnt. A full list of names in this newspaper’s possession clearly shows the men who arrived at the Valletta seaport on the Manta-1 rigid… Read More

Stealth wealth: How Assad’s family and others have filled their European coffers

The uncle of Syrian President Bashar Assad is reported to have a European fortune that includes two Paris townhouses — one of them 3,000 square meters (32,000 square feet) — a stud farm, a chateau and more than 500 properties in Spain. A former Syrian vice president and military leader,… Read More

Nordic Noir: Understanding the Swedbank Saga

At times it can seem as if Swedbank’s recent history has been taken from the plot of a Nordic noir novel. There is a procedural bleakness to the Swedish bank’s money laundering scandal and a complexity to it all that does little to resolve the moral ambiguities of institutional malfeasance. Read More

28th April 2020

Sanctions probe links Maltese companies to Libya’s civil war

Authorities believe Malta-based companies may have been involved in providing weapons, tactical supplies and perhaps even private military contractors to players involved in the raging Libyan civil war. Sources involved in monitoring the island’s national security told Times of Malta that a network of Malta-based operators and their foreign partners… Read More

27th April 2020

Maltese arms dealer charged with violating Libya sanctions

A Maltese arms dealer has been charged with breaching EU sanctions on Libya. James Fenech, 41, allegedly used two military-grade Rigid Hull Inflatable Boats (RHIBs) to circumvent international sanctions and transport private contractors out of war-torn Libya without notifying the authorities. A mysterious Malta-registered boat found in the harbour or… Read More

27th April 2020

Former FBI agent charged with pocketing bribes from organized crime figure

An organized crime figure paid an FBI agent $10,000 a month in exchange for sensitive law enforcement information, according to court documents charging the agent, Babak Broumand, in a conspiracy to bribe a public official. Broumand was arrested Friday at a market near his home in Lafayette, according to Laura… Read More

3rd March 2020

How smuggled Libyan oil brought by Debonos’ ships was stored in Malta: investigation

A Swiss company was accepting smuggled fuel from Libya inside tanks leased from Enemed between 2014 and 2015, to resell the oil at sea and the European market. Kolmar, of Zug, acquired the oil from the smuggling operation ran by Libyan smuggler Fahmi Slim Ben Khalifa, and Maltese nationals… Read More

17th January 2020

Private war in Libya funded via Scots firms

A convicted arms dealer branded a “merchant of death” used Britain’s most notorious form of ghost company to finance a private air war in Libya, The Times can disclose. Rami Ghanem supplied mercenaries to fly and maintain fighter-bombers for one of the local militias battling for scraps of the fractured… Read More

2nd January 2020

European money intended for Libyan migrants being diverted, laundered

AP — When the European Union started funneling millions of euros into Libya to slow the tide of migrants crossing the Mediterranean, the money came with EU promises to improve detention centers notorious for abuse and fight human trafficking. Instead, the misery of migrants in Libya has spawned a thriving… Read More

19th December 2019

Canada’s SNC-Lavalin settles Libya bribery case that shook Trudeau government

A division of SNC-Lavalin Group Inc pleaded guilty to fraud and will pay a C$280 million fine, the company said on Wednesday, in a case related to projects in Libya that engulfed Canadian Prime Minister Justin Trudeau’s government in crisis. The construction and engineering company reached a settlement after being… Read More

10th December 2019

Greed drove former SNC-Lavalin exec’s alleged fraud, corruption scheme: Crown

Summing up six weeks of testimony at the trial of a former SNC-Lavalin executive accused of fraud and corruption, a prosecutor told jurors Monday that greed lies at the root of the accusations. Sami Bebawi’s fate will soon be in the hands of the jury after federal prosecutors made their… Read More

3rd October 2019

Belgium’s EU candidate denies ‘malicious’ graft accusations

Didier Reynders, Belgium’s pick for EU justice commissioner, denied on Wednesday corruption allegations against him and said he would continue to seek the post because he had not been charged. At a confirmation hearing, Belgian Foreign Minister Reynders told the European Parliament that money-laundering allegations made by a former Belgian… Read More

5th September 2019

Christie’s expert hunts for stolen millions in lawsuit against Bank of Valletta

An international hunt for millions in cash stolen from an art specialist in New York has found its way into a Maltese court, knocking on the door of auditor Joseph Sammut and his Libyan networks. Sammut, a one-time treasurer for the Labour Party, is already in court facing… Read More

Must Read

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Sweden’s Money Laundering Affair Brings Bankers Closer to Police

House Passes Uighur Bill in Rebuke to China, Sends It to Trump

Ex-Congressman Rivera paid millions to Venezuelan businessman close to Maduro regime