The Malta Employers’ Association expressed its concerns about revelations that murder suspect Yorgen Fenech made millions off Enemalta’s purchase of a Montenegrin windfarm, describing it as the latest blow to Malta’s international reputation which could have long-term economic repercussions.
The MEA also emphasised that Malta could not afford to lose its standing or to be grey or blacklisted as a financial jurisdiction by Moneyval, the Council of Europe’s anti-money laundering body.
Source: Newsbook
Updated 16:25
