Inquiry probing CapitalOne police investigation extended

Government approves four-week extension of independent inquiry into alleged money laundering launched following MaltaToday revelations that police had failed to pursue investigations

jurgen
Jurgen Balzan
20 January 2017, 3:23pm
Beppe Fenech Adami
Beppe Fenech Adami
The inquiry into revelations by MaltaToday that the police had failed to pursue a money laundering investigation into CapitalOne Investment Group, whose ultimate beneficial owner was a Dutchman investigated by the Dutch police following a drug bust, has been extended.

PN deputy leader Beppe Fenech Adami was one of the directors of a fiduciary services company that handled the financial transactions of CapitalOne Investment Group.

But in December, the PN’s deputy leader for party affairs told the board of inquiry that he was unaware of who the clients of Baltimore Fiduciary Services were.

The inquiry was launched in October and was due to be concluded this week but Judge Emeritus JD Camilleri has asked for a four-week extension.

jurgen
Jurgen Balzan joined MaltaToday in 2011, specialising in politics, foreig...