Finance Minister not privy to FIAU investigation into Panama Papers

Edward Scicluna ‘not aware’ whether financial intelligence unit has concluded its Panama Papers probe

Finance Minister Edward Scicluna
Finance Minister Edward Scicluna

Finance Minister Edward Scicluna is not privy to the investigation carried out by the Financial Intelligence Analysis Unit (FIAU) into the Panama Papers revelations.

During a press conference for the launch of the pre-budget consultation process, Scicluna said he had “not as yet been informed by the FIAU” as to whether investigation was concluded.

The Nationalist Party is demanding explanations into the resignation of FIAU’s director Manfred Galdes, arguing that the resignation was a serious one that put more pressure on Prime Minister Joseph Muscat, whose chief of staff Keith Schembri and minister without portfolio Konrad Mizzi were both revealed to have used Panama’s Mossack Fonseca to open offshore companies and trusts, and open a bank account in Panama.

MaltaToday on Wednesday has revealed that Galdes will be joining legal advisory firm Fenech Farrugia Fiott (FFF) Legal on 12 September, making partner.

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