Action on Pilatus: Too little. Too bloody late.

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2018-03-21T20:06:59+00:00Wed, 21st Mar '18, 17:29|

The MFSA "forced out" Ali Sadr from the directorship of Pilatus Bank and ordered a freeze of any transactions by him, his fellow directors and senior management and their relatives. So no late night calls to open a loan account to the chairman's sister for a million and a quick transfer of almost half that [...]

Matthew, Andrew and Paul Caruana Galizia comment after Ali Sadr’s arrest in the US

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2018-03-21T15:22:54+00:00Wed, 21st Mar '18, 15:22|

Statement by Matthew, Andrew and Paul Caruana Galizia: Malta's authorities failed to hold Ali Sadr Hashemi Nejad to account, leaving our mother, Daphne Caruana Galizia, to do so alone. Hashemi Nejad threatened our mother relentlessly, claiming she caused his Malta-based bank, Pilatus Bank, reputational damage. In May last year, Hashemi Nejad brought a $40m lawsuit [...]

Cambridge Analytica, Henley & Partners, Pilatus Bank: connections we must remember

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2018-03-21T12:14:31+00:00Wed, 21st Mar '18, 12:14|

UK daily The Times has this morning reported that it “has seen evidence” linking Cambridge Analytica with Christian Kalin owner of Henley & Parterns in interference in elections in St Vincent and the Grenadines one of the countries where Henley and Partners run a passport-sales scheme like they do in Malta. The Times reports that [...]

The end of the beginning

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2018-03-21T03:18:41+00:00Wed, 21st Mar '18, 03:18|

So she was not mad after all. She was not lying. She was not a witch intent on hurting Labour because she resented its success. Not that we needed this to allow the facts she published and the evidence she presented for any rational person to be persuaded Pilatus Bank was a den of thieves, [...]

Pilatus Bank Chairman arrested in the United States

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2018-03-21T02:22:15+00:00Wed, 21st Mar '18, 02:19|

Reuters report that Ali Sadr Hasheminejad, chairman of Pilatus Bank is under arrest in the United States accused of participating in a scheme to evade U.S. sanctions and funnel more than $115 million paid under a Venezuelan construction contract through the U.S. financial system. The United States have indicted Ali Sadr, 38, in a six-count [...]