Repubblika submits formal complaint to European Commission over Maltese money laundering

The newly-established NGO Repubblika has submitted a formal complaint to the European Commission arguing that the Malta is failing to enforce anti-money laundering laws in cases involving “persons of power”.

In a statement, the NGO said its complaint was based on a breach of three pieces of European legislation: Article 58(2) and (4) of the fourth anti-money laundering directive (AML4); Article 2, Article 4(3) and Article 19(1) of the Treaty of the European Union in conjunction with Article 47 of the EU Fundamental Rights Charter; and the principle of effectiveness.

The NGO said it had provided the Commission with a timeline of events, starting in February 2016 when the late Daphne Caruana Galizia revealed that then Energy Minister Konrad Mizzi and OPM Chief of Staff Keith Schembri had opened secret Panama companies and New Zealand trusts.

“Caruana Galizia was brutally assassinated in October 2016 whilst still working on corruption investigations and amidst growing

... read more at: https://www.maltatoday.com.mt/news/national/92889/repubblika_submits_formal_complaint_to_european_commission_over_maltese_money_laundering

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