الوسم: Risk
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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…