Anti-money laundering unit in cryptic reply about 17 Black

Malta’s anti-money laundering unit (FIAU) has offered a cryptic response to claims it is in possession of information about 17 Black, a mystery Dubai company linked to graft suspicions involving two top government officials. 

Portuguese MEP Ana Gomes said on Friday that Latvia’s anti-money laundering agency had given its Maltese counterparts all the information about ultimate beneficial owners, accounts and transfers involving 17 Black.

Replying to questions by The Sunday Times of Malta, the FIAU said that if the information provided by Ms Gomes was correct, it meant allegations that the Unit had not done its job were false.

Leaked Panama Papers e-mails detail how 17 Black was one of two companies that planned to secretly feed in millions to the Prime Minister’s chief of staff Keith Schembri and Tourism Minister Konrad Mizzi’s offshore firms.

A leaked FIAU report, detailing Dr Mizzi’s activities as energy minister, found transfers totalling $1.4 million to 17 Black

... read more at: https://www.timesofmalta.com/articles/view/20180902/local/anti-money-laundering-unit-in-cryptic-reply-about-17-black.688150

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