Pilatus Bank’s licence putting Malta’s financial sector at risk - Zammit Dimech

It is an irony that the Chairman of Pilatus Bank - who tried to institute legal proceedings against Maltese media houses and journalists in the United States of America in an attempt to silence them - has now been arrested on US charges.

Partit Nazzjonalista MEP Francis Zammit Dimech made these remarks when speaking about the arrest of Ali Sadr Hashemi Nejad, the chairman of Maltese-registered Pilatus Bank.

Zammit Dimech asked why MFSA took so long to investigate the Bank associated with corruption and money laundering involving the Prime Minister’s Chief of Staff and politically exposed persons from Azerbaijan.

MEP Zammit Dimech also referred to issued raised by Partit Nazzjonalista Leader Adrian Delia earlier today, and called for the license of the bank to be revoked, as the whole issue was damaging the financial sector in Malta which employs thousands of employees.