US-based banking analyst and blogger Kenneth Rijock singled out Pilatus non-executive director Armin Eckermann and remarks Rijock says Eckermann made publicly that suggest that the Malta-based German non-executive director of Pilatus is confident Maltese authorities will never seek to get to the bottom of what happened at Pilatus Bank.
Kenneth Rijock’s full article is linked here.
According to Rijock, Armin Eckermann believes he will never face consequences for anything illegal done by the bank while he was its non-executive director. But the consultant who used to head the trade division of Fimbank until 2015 expects Pilatus Bank to sue Malta “for billions”.
Kenneth Rijock also says that “regarding the assassinated Daphne Caruana Galizia, Eckermann admitted that it was his original idea to bring a suit against her in the United Kingdom, as that would be the only way to silence her.” As it turned out Ali Sadr Hashemi Nejad brought a $40 million lawsuit against Daphne Caruana Galizia in Arizona, USA.
The banking analyst also says that “when Pilatus bank initially failed, Armin Eckermann stated that he had a meeting with the head of MFSA to fix the issue, and after that, suddenly, FIAU no longer complained about the bank.” Yet another allegation that Joe Bannister is likely not to reply to.
Kenneth Rijock concludes that “whether justice will ever be served in Malta for the Pilatus Bank scandal remains an open question.”