Freezing order on Yorgen Fenech’s massive wealth is relaxed
29th June 2020
Freezing order on Yorgen Fenech’s massive wealth is relaxed
A court has granted Daphne Caruana Galizia murder suspect Yorgen Fenech access to millions of euros worth of shares and immovable property which he had inherited, ostensibly as they are not the proceeds of crime. This was the subject of a decree issued on June 18 by Magistrate Rachel Montebello… Read More
Maltese MP voted out by party amid turmoil over Panama Papers’ ties
26th June 2020
Maltese MP voted out by party amid turmoil over Panama Papers’ ties
The political career of Malta’s former deputy prime minister Konrad Mizzi lies in ruins after his ruling Labour Party (PL) colleagues voted for his expulsion over secretive offshore dealings revealed in the International Consortium of Investigative Journalists-led Panama Papers investigation. Mizzi was the star performer during the country’s… Read More
In Daphne murder investigation, money trail leads to Montenegro venture
22nd June 2020
In Daphne murder investigation, money trail leads to Montenegro venture
In the months before her murder in 2017, Maltese journalist Daphne Caruana Galizia was on the trail of an offshore company called 17 Black Limited. She didn’t know who owned the firm, which was registered in the United Arab Emirates. But she was certain it was set up to channel… Read More
Malta to investigate ex-police chief in Caruana affair
17th June 2020
Malta to investigate ex-police chief in Caruana affair
A Maltese court on Monday ordered an investigation of former police chief Lawrence Cutajar after allegations that he had leaked information to a middleman in the murder of anti-corruption journalist Daphne Caruana Galizia in 2017. Three men are awaiting trial for having set off the car bomb that killed Caruana… Read More
Cyprus tightens rules for passport-for-cash scheme
11th June 2020
Cyprus tightens rules for passport-for-cash scheme
AP — Cyprus says it is introducing tougher anti-money laundering checks in its “golden passports” program, under which it gives citizenship to foreigners who invest large sums in the east Mediterranean country. Interior Minister Nicos Nouris said Wednesday that the government is following through on a pledge to beef… Read More
Malta to delay launch of EU anti-corruption prosecutor
9th June 2020
Malta to delay launch of EU anti-corruption prosecutor
The European Commission may lower recruitment standards for the new EU public prosector’s office – because Malta is unable to find enough suitable candidates. Didier Reynders, the European Commissioner for justice, described the situation as “extraordinary”. Speaking to reporters in Brussels on Thursday (4 June), Reynders said Malta was unable… Read More
US drops charges against banker investigated by Daphne Caruana Galizia
8th June 2020
US drops charges against banker investigated by Daphne Caruana Galizia
The US department of justice has made an unusual decision to drop charges against a prominent Iranian banker who was convicted of bank fraud in March after prosecutors in New York said they did not have the resources to continue to prosecute the case on appeal. The decision by the… Read More
FIAU Says US Decision On Pilatus Bank Owner Won’t Affect Any Money Laundering Action In Malta
8th June 2020
FIAU Says US Decision On Pilatus Bank Owner Won’t Affect Any Money Laundering Action In Malta
Money laundering action against Pilatus Bank could still be taken in Malta despite yesterday’s decision by the US government to drop its case against the bank’s owner Ali Sadr Hasheminejad, the Financial Intelligence Analysis Unit (FIAU) has said. “As Malta’s anti-money laundering supervisory authority, the FIAU’s remit is to monitor… Read More
Magnum Opus: sanctions and the secret soldiers of Benghazi
4th June 2020
Magnum Opus: sanctions and the secret soldiers of Benghazi
In August 2019, a report on the Malta Independent – since then removed from the newspaper’s website – revealed reports in the Arab press of a Malta-registered RHIB (rigid-hull inflatable boat), having been found abandoned by Libyan coast guards. The Manta 2, an MRC-1250 RHIB powered by four engines, had… Read More
Malta: Call for joint investigative teams to probe high-level political corruption
1st June 2020
Malta: Call for joint investigative teams to probe high-level political corruption
Malta should set up joint investigation teams with other jurisdictions to investigate high-level political corruption with cross-border implications, according to Council of Europe rapporteur and Dutch MP Pieter Omtzigt. He called on the Maltese authorities to ensure effective investigations into the numerous long-standing allegations which had been highlighted in a… Read More
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