Tuesday, August 18, 2020

BULK CASH SMUGGLERS RUN AMUCK AT MALTA INTERNATIONAL AIRPORT



A quick review of recent crime stories reveals literally a planeload of bulk cash smugglers apprehended at Malta International Airport regularly, curiously all bound for Istanbul, and all carrying more Euros than one can legally carry out of the country (> €10,000), in Undeclared Cash.

Here's a trio of the most recent arrests this month:

(1) August 17, 2020  €23,215
(2) August 12, 2020  €11,140
(3) August   3, 2020  €16,500

The total in 2019, recorded only through December 19th, was a whopping €1,526,016. We wonder how much of this was tax-evasion profits earned by Turkish companies in Libya, and how much was being funneled to Iran. Does anyone want to venture a guess ?



Welcome to Malta, the new Casablanca, where anything goes, so long as it involves Malta's new ally, Turkey, who is fronting for Iran, by the way, and where money talks loudest.

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