MALTA'S WEB OF CORRUPTION PLACED IN FRONT OF DEFUNCT PILATUS BANK AS AN ABJECT LESSON FOR THE EUROPEAN UNION

Pilatus Bank "Something Wicked this way Comes."

The Maltese reformist organization OCCUPY JUSTICE has graphically illustrated the country's rampant corruption, and venue as a Mecca for money laundering and financial crime by placing a giant illuminated spider's web in front of the building that served as the global headquarters of there now-closed Pilatus Bank, which was a hotbed of money laundering and sanctions evasion until shut down by the EU.

Occupy draws our attention to the fact that none of the five senior directors and officers of Pilatus Bank have been arrested, notwithstanding a magistrate's findings of fact incriminating them on money laundering charges, and requiring the Attorney General and the Malta Police to make arrests. The close connection between these individuals and Malta's resigned Prime Minister, Joseph Muscat, the local Il Duce, who though out of office still controls Malta's institutions, has resulted in a major miscarriage of justice, with no resolution in sight. Malta's directors remain free to commit new financial crimes abroad.

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Given that the Pilatus money laundering machine moved (and cleaned) the Proceeds of Crime into and through the United States, the United Kingdom, and the Members of the European Union, the officers and directors should be facing justice in all three jurisdictions, but thus far, they have been able to commit transnational crimes with total impunity, allowing Malta to thrive as the EU's very own Banana Republic. Whether justice will prevail remains an open question.