Advertisement
The Maltese Herald
APS : 0.57 AXR : 0.41 BMIT : 0.35 BOV : 1.74 CVS : 1.00 FIM : 0.16 GHM : 0.87 GO : 2.70 HLI : 0.23 HRV : 0.97 HSB : 1.36 IHI : 0.45 LOM : 0.80 LQS : 0.19 LSI : 0.49 LSR : 1.00 MDI : 0.25 MDS : 0.45 MIA : 5.95 MLT : 0.55 MMS : 1.32 MPC : 0.35 MSC : 0.33 MTP : 0.47 MZ : 0.58 PG : 1.89 PZC : 0.63 RS2 : 0.52 RS2P : 0.60 SFC : 6.70 STS : 1.25 TML : 1.00 TRI : 1.12 VBL : 0.20
Culture News Sports
The Maltese Herald

Deo Scerri resigns from the junk-finance business to “retire”

—

by

Mark Camilleri
in

Earlier today The Shift News reported that Deo Scerri resigned from 3514 Capital to retire.  3514 Capital was the company that bought the Bank of Valletta non-performing loans, and the company is owned by Christopher Vella and DF Advocates who are currently being charged in the Vitals and Steward case. Christopher Vella and Alex Tanti who specialise in the junk finance business but DF Advocates involvement is unusual.

Bank of Valletta tried to sell the debt to all of Malta’s major funds who all said no until it was finally sold to 3514 Capital.

Comments

2 responses to “Deo Scerri resigns from the junk-finance business to “retire””

  1. Wish avatar
    Wish

    Why no info on the Electrogas inquiry?

    Reply
  2. 3514 Capital change their name to Kairos Capital - The Maltese Herald avatar
    3514 Capital change their name to Kairos Capital - The Maltese Herald

    […] the company being in an undisclosed partnership with Joseph Muscat who enabled the company buy the Bank of Valletta junk-loan portfolio. The company is collecting bad debts in cash and cashing the money at […]

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *