Malta’s Prime Minister Joseph Muscat has described his country as the global trailblazer in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies.… Continue Reading
An investigative journalist whose stories tied top politicians in Malta to allegations of corruption uncovered by the Panama Papers died in a car bomb Monday afternoon.
Daphne Caruana Galizia, 53, was killed when her car exploded while she was driving near her home in Bidnija.… Continue Reading
More than 77,000 foreign banks and other financial institutions agreed to share information about U.S. account holders with the Internal Revenue Service as part of a crackdown on offshore tax evasion, the Treasury Department said Monday.
Country Involved: Malta
Company Involved: Trafigura
Industry: Oil & Gas
Industry Subsector: Exploration & Production
Officials Involved: Tancred Tabone, former Enemalta chairman; Frank Sammut, Enemalta procurement committee member
Enforcement Action: Charge
Summary: Tancred Tabone and Frank Sammut have been charged with receiving kickbacks tied to contracts with Dutch oil company Trafigura.… Continue Reading