Malta Bank Accused of Money Laundering by Murdered Journalist Loses License

Pilates, a private bank accused by murdered journalist Daphne Carauna Galizia of laundering money for Maltese politicians and foreign interests, has lost its license, Financial Times reports.

The license was withdrawn last Friday by the European Central Bank (ECB), several months after Pilatus’ founder and ex-chairman Seyed Ali Sadr Hasheminejad (also known as Ali Sadr Hashemi Nejad) was arrested in the US on March 28th and charged by US authorities with moving more than $115 million USD from Venezuela to Iranian companies in violation of US sanctions.

Sadr had pleaded not guilty to the charges.

At the time of Galizia’s death by car bombing on October 16, 2017, Pilatus was listed among numerous plaintiffs, including Maltese politicians, pursuing 42 defamation cases against the journalist.

During the course of her career, much of which was spent exposing what she claimed

... read more at: https://www.crowdfundinsider.com/2018/11/141002-malta-bank-accused-of-money-laundering-by-murdered-journalist-loses-license/

by

Leave a Reply