Comments on: UPDATED WITH BANK OF VALLETTA REPLY: Libya Oil executives in Malta

By: .Angus Black

.Angus Black — Fri, 18 Mar 2011 10:43:47 +0000

Does the BOV have someone working for them by the name of Sammut?

Seems to me that the BOV’s ‘client secrecy’ policy was written by him.

By: Anthony Farrugia

Anthony Farrugia — Thu, 17 Mar 2011 20:35:28 +0000

In reply to silvio loporto. Remember that old chestnut? If a banker lends you an umbrella, he takes it away as soon as it starts raining.

By: norwegian wood

norwegian wood — Thu, 17 Mar 2011 20:29:38 +0000

In reply to H.P. Baxxter. Ever heard of professional secrecy? The bank is under an obligation to abide by the sanctions and does not need you or anyone else to tell it what to do.

By: H.P. Baxxter

H.P. Baxxter — Thu, 17 Mar 2011 20:19:08 +0000

In reply to Macduff. U ovvja li l-gvern se jaccedi ghat-talba taghhom. Ghax kif issemmi "bizniss", jidhol il-patriottizmu ghami li qered lil dan il-pajjiz.

By: H.P. Baxxter

H.P. Baxxter — Thu, 17 Mar 2011 20:17:55 +0000

In reply to silvio loporto. I actually meant that they are not innocent. We have a banking sector whose CEOs should be proud, because it makes huge profits. As for the rest, I don't trust the bankers one bit. You can see it in their faces.

By: Karmenu ta' Gaddafi

Karmenu ta' Gaddafi — Thu, 17 Mar 2011 20:07:36 +0000

The anti-Gaddafi community in Malta takes action:

http://www.timesofmalta.com/articles/view/20110317/local/libyans-suspect-oil-shipment-sent-to-libya-from-malta

By: La Redoute

La Redoute — Thu, 17 Mar 2011 18:59:45 +0000

Bank of Valletta can and is able to say that someone is NOT their client.

They didn’t. That means he is.

[Daphne – Actually, Bank of Valletta made a point of specifying that their refusal to speak is blanket: in other words, no yes or no, no references to people, nothing. It’s bank policy.]

By: Karmenu ta' Gaddafi

Karmenu ta' Gaddafi — Thu, 17 Mar 2011 18:23:32 +0000

Yahya Ibrahim Yahya Gaddafi is said to be in Malta to try to move money around to pay for mercenaries. This article from The New York Times, about frozen assets and sanctions, is good and informative.

http://www.nytimes.com/2011/03/10/world/africa/10qaddafi.html?scp=3&sq=Libya%20Mali%20oil&st=cse

By: Macduff

Macduff — Thu, 17 Mar 2011 18:19:31 +0000

In reply to Profits Not Principles.

Ir-riskji haduhom huma, l-profitti haduhom huma… u jridu lilna, permezz tat-taxxi, naghmlulhom tajjeb.

Tiskanta, f’dal-pajjiz anke l-businessmen socjalisti.

By: maryanne

maryanne — Thu, 17 Mar 2011 17:47:10 +0000

OTTAWA and TORONTO — Canadian banks said Monday they will “fully” abide by federal government orders that prohibit financial transactions between domestic institutions and Libya’s Gaddafi regime.

Ottawa implemented additional measures sanctions against Libya, on top of what the United Nations proposed, because it became aware of dealings between Canadian banks and Libya’s leadership, headed by Muammar Gaddafi.

“We are aware of specific financial dealings of the Libyan regime in financial institutions in Canada, and the actions of our government have blocked those,” Mr. Baird told reporters on Parliament Hill as he discussed sanctions announced Sunday night by Prime Minister Stephen Harper.

http://www.financialpost.com/Gaddafi+money…banks/4360007/story.html