Tag: Chief Risk Officer
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Miguel Borg of Bank of Valletta resigns
The corrupt banker who approved the bizarre loan of €36 million to Stewards, Miguel Borg has resigned. Miguel Borg had also sent his reply to me via his personal lawyers. There is something very obvious which I didn’t make it clear in my reporting on Miguel Borg’s role as Chief Risk Officer at BOV and…
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The corrupt banker at Bank of Valletta
After years of constant mismanagement and capital destruction, Bank of Valletta was turned into a liquidity provider for Joseph Muscat’s fraudulent and corrupt public projects namely for Electrogas and the Vitals and Steward deals. Bank of Valletta loaned €36 million to Steward and backed the government’s guarantee to Electrogas. In order to conduct this kind…