In more news from the Labour Party’s Banana Republic, the disgraced ex-Prime Minister Joseph Muscat is campaigning for a Labour Party election candidate who is also a board of director of Bank of Valletta. Joseph Muscat has featured heavily in the current election campaign and has endorsed a number of Labour Party candidates.
The incident comes at a time when BOV has been identified by our investigations as the local bank with the highest number of engaged risks related to politically exposed persons. This risks involve exposure to Labour Party politicians under investigation over fraud, money laundering and other financial crimes.
James Grech also has a portfolio of public appointments including a lecturing post at MCAST.
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