All transactions originating from Pilatus Bank should be deemed suspicious

Partit Nazzjonalista Head of Delegation in the European Parliament David Casa has just written to the Egmont Group informing them of the latest developments on the arrest of the Chairman and UBO of Pilatus Bank.

In view of this latest development as well as the ever growing body of evidence of Pilatus Bank’s involvement in criminal activity, David Casa requested that the Egmont Group informs their member FIUs that any transactions originating from Pilatus Bank should be marked suspicious and investigated.

Egmont Group is a united body of 155 Financial Intelligence Units, which provides a platform for the secure exchange of expertise and financial intelligence to combat money laundering and terrorist financing.