Monday, March 20, 2023

ATTORNEY GENERAL OF MALTA SEEKS CLOSED DOOR PROCEEDINGS IN PILATUS BANK CIVIL CASE, IMPLICATING AMERICAN, IRANIAN AND GERMAN DIRECTORS


VICTORIA BUTTIGIEG, Malta's Attorney General, who has been accused of protecting the guilty in the Pilatus Bank scandal, has asked the court to close and seal the proceedings in the Pilatus Bank civil case which demands that the government arrest the bank's directors for their alleged role in the biggest international money laundering operation in Malta's history.

Robert Aquilina, the president of civil society REPUBBLIKA, has publicly excoriated the AG, as well as the country's State Advocate, for attempting to hide the truth about Pilatus Bank's massive money laundering. The law requires that the bank's directors supervise its daily operation, and insure that the bank is not a center for laundering the proceeds of crime for Politically Exposed Persons (PEPs), which appears to be its principal role, as well as hiding the payment of bribes and kickbacks paid to senior government officials, including the then Prime Minister, JOSEPH MUSCAT, his Chief of Staff, and cabinet members.

The Board of Directors of record are:

LUIS FELIPE RIVERA: CEO and Director.

ALI SADR HASHEMINEJAD, CEO and Chairman of the Board

GHAMBARI HAMIDREZA, Director

ROBERT LEWIS KLINGINSMITH, Director

ARMIN ECKERMANN, Director

JOHANNES HELMUT BAUER, Director

PHILIP MERCIECA, Director

JOSEPH JERRY LIOW-YUNE JOY, Director

NOTE: Some of these directors have sought to remove themselves from liability by tendering their reservations. Such actions are ineffective.

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