Malta: Casino Owner Arrested In Connection With Journalist Murder Case

Malta: Casino Owner Arrested In Connection With Journalist Murder Case

A Maltese casino owner has been arrested in connection with the murder of an investigative journalist Daphne Caruana Galizia.

Yorgen Fenech, who operates a casino in the country has been arrested while the investigations are still underway.
Caruana Galizia was killed by a car bomb back in 2017 following which the police had arrested three men. Those arrested were charged with triggering the explosive.

But the clear motives behind the murder were not established and investigations continued. Caruana Galizia wrote vociferously against corruption and also posed difficult questions for many in the power corridors.

Fenech is the former director of energy generating company Electrogas and former CEO of the Tumas Group, owner of the Portomaso Casino, Hilton Malta, and the Dolmen Resort Hotel.

Malta has been infamous for money laundering and being a tax haven for mafias. Recently, Moneyval, which is a prominent Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism, said that Malta needs to do more to rein in the syndicates which are involved with financial crimes including money-laundering and terrorist financing.

In its report, charging the Maltese government, Moneyval said that they need to do more to ensure there is no money laundering in their banking and online gambling industry in particular.

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