BNF Bank distances itself from former manager facing money laundering charges
16 Apr 2021

BNF Bank has distanced itself from a former manager who faces money laundering charges.

Albert Buttigieg has been charged in court together with and ex-footballer Darren Debono’s step-daughter Florinda Sultana, who fronted companies that manage two fish restaurants allegedly involved in laundering money linked to oil smuggling.

Both are facing criminal action in their personal capacity, while Sultana also stands charged as former director of Nesvan Company Ltd and MSI Catering Ltd and Buttigieg as director of Luzzu Catering Ltd, the operators of Porticello and Capo Mulini restaurants, respectively. They are pleading not guilty.

In a statement, BNF said Buttigieg retired from the bank in 2018. He has no ties with the bank and is not associated with the bank’s conduct of business in any manner whatsoever, it said.

Read more at Times of Malta

RiskScreen: Eliminating Financial Crime with Smart Technology

Advance your CPD minutes for this content, by signing up and using the CPD Wallet