Articles by Jacob Borg
Advert

Jacob Borg

  • Simon Busuttil embarks on new Panama Papers battle

    Simon Busuttil embarks on new Panama Papers battle

    Updated 3.45pm, adds filing of application by Repubblika Former Opposition leader Simon Busuttil will argue in court on Friday that the ‘institutional paralysis’ over the Panama Papers scandal breached EU laws, the Times of Malta is informed. In a...

  • Bank faces mounting damages over ill-fated fund

    Bank faces mounting damages over ill-fated fund

    About 50 investors were awarded €300,000 in compensation over the past six months after the financial arbiter found that Bank of Valletta mis-sold them what was understood to be a low-risk investment product. The La Vallete Fund, launched in 2005,...

  • Concrete nation: 'country paths are being turned into highways'

    Concrete nation: 'country paths are being turned into highways'

    Environmentalist Alfred Baldacchino has raised concerns that country paths in Wied l-Isqof and Wied is-Sewda are being turned into “highways”. Government workers have been spotted in both areas in recent days, pouring concrete over the country...

  • 'Relentless' work to improve money laundering supervision - Finance Minister

    'Relentless' work to improve money laundering supervision - Finance Minister

    Updated 9.30pm with PN statement Finance Minister Edward Scicluna said on Monday that the government was working relentlessly on improving Malta’s anti-money laundering supervision. Addressing a press conference about a recent International...

  • Probe into ex-policeman’s involuntary committal to Mount Carmel still on

    Probe into ex-policeman’s involuntary committal to Mount Carmel still on

    An investigation by the Mental Health Commissioner into the involuntary committal of former police officer Mario Portelli is still ongoing, The Sunday Times of Malta is informed. Mr Portelli filmed the moment three police officers came to his home...

  • US prosecutors gained warrant to search Sadr e-mails in 2014

    US prosecutors gained warrant  to search Sadr e-mails in 2014

    US prosecutors silently building a money-laundering case against Iranian banker Ali Sadr Hasheminejad were granted a warrant to search his e-mails in April 2014, at a time when Pilatus Bank was in the process of obtaining a category two investment...

  • Rising risk of poverty in vulnerable groups – IMF

    Rising risk of poverty in vulnerable groups – IMF

    Vulnerable groups like single women with children, low-income tenants and the elderly are experiencing rising risks of falling into relative poverty, a study by the International Monetary Fund (IMF) has found. In a paper released this week, the...

  • ‘Gaming companies operate in Norway within legal framework’

    ‘Gaming companies operate in Norway within legal framework’

    Malta-based gaming companies accused of operating illegally in Norway acted within a full legal framework, by virtue of the single market freedoms, an industry body has insisted.  Norway’s gaming authority ordered Norwegian banks to ban...

  • Perceived financial burden of medical care above EU average

    Perceived financial burden of medical care above EU average

    The perceived financial burden of medical care in Malta is higher than the European Union average, data released by Eurostat shows.  A total of 14.6% of Maltese polled for the year 2017 said medical care was a high financial burden, while 56.6%...

  • Watch: Panama 'is all history now'... or not?

    Watch: Panama 'is all history now'... or not?

    Finance Minister Edward Scicluna told financial practitioners on Monday that Panama “is all history now”, though he quickly backtracked when confronted about his statement by the Times of Malta. Speaking during the opening of an event organised by...