Tag: Robert Suban
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BOV continues its share buy-back programme: two new directors to be appointed
Earlier today, Bank of Valletta announced it is continuing with its share buyback programme. Shareholders originally approved the bank buying back up to 2,800,000 shares before the bonus issue, later adjusted to 3,060,000 shares, each with a nominal value of €1, at prices between €1.55 and €2.55 per share. If used in full at the…
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More complications and conflicts of interest: Excel Investment Holdings banks at Bank of Valletta
Further complicating the conflict of interest of the Chairperson of Bank of Valletta’s risk committee, Robert Suban, with his role as Audit committee and board member of Malita Investments, Excel Investments Holdings also banks with Bank of Valletta. Excel Investments Holdings is the parent company of Excel Housing, which won a €27.2 million tender from…
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Bank of Valletta yet in the middle of another government scandal
Bank of Valletta was extensively used by the Joseph Muscat administrations as a facilitator to the government’s corruption such as in the case of Steward Health Care in which Bank of Valletta gave a €36 million to Steward. Its previous Chief Risk Officer, Miguel Borg, was fired over the incident and he was subsequently awarded…
