Ali Sadr Hasheminejad

Pilatus Bank – Lest we forget

The FIAU revealed “serious shortcomings” that placed Pilatus “in breach of several provisions” of Malta’s money laundering rules, and which exposed the bank and “the jurisdiction as a whole to a high level of risk”. FIAU at the time had found Pilatus’s dependence on a small clientele of mainly Azerbaijani PEPs of great concern. Sadly MFSA and the Police Commissioner did not share the FIAU’s view.

Prime Minister Joseph Muscat

Drain the swamp!

Muscat has overseen Malta’s transformation into a haven and a heaven for criminals and money launderers. His tenure has been characterised by an unprecedented, incessant stream of corruption scandals.