Malta: France asked to open investigation into Electrogas loan

France’s national financial prosecutor’s office has been asked to open an investigation into whether four French-based banks and an investment fund were complicit with Electrogas in laundering the proceeds of corruption. 

Sherpa, a French association that fights financial crimes, teamed up with the Daphne Caruana Galizia foundation to file the complaint against BNP Paribas, Societe Generale, Natixis, CIC and Rivage Investment for money-laundering and concealment. 

Source: Times of Malta

Updated: 1650