VALLETTA, Malta — A European Parliament report says two top Maltese officials should be removed and brought to justice for alleged money laundering, saying their continued presence in the government fuels the perception of impunity on the Mediterranean island.
The report from a European Parliamentary commission of inquiry into allegations of money laundering and tax evasion in Malta didn’t name the officials. But it clearly was referring to Tourism Minister Konrad Mizzi and the premier’s chief of staff, Keith Schembri.
Mizzi and Schembri were named in the Panama Papers in 2016 as having secretly opened companies in Panama. Both admitted to opening companies but denied laundering money.
They haven’t responded to Thursday’s report, which said that “keeping them in office affects the credibility of the government, fuels the perception of immunity and may result in further damage to state interests by enabling the continuation of criminal activity.”
Both Mizzi and Schembri retained their jobs
... read more at: http://www.therepublic.com/2018/01/12/eu-malta-money-laundering/