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THURSDAY 22 OCTOBER 2020 • ISSUE 80
WWW.BUSINESSTODAY.COM.MT
MATTHEW VELLA
THE top two executives of
Europe's second largest bank,
BNP Paribas, are opposing a
request to be summonsed by
a Maltese court, in a lawsuit
brought by a private equity
group.
BNP Paribas' CEO
Jean-Laurent Bonnafé and
chairman Jean Lemierre, two
of France's highest-profile
executives, are opposing the
request by Malta-based Ver-
tical Group, to answer over
their alleged involvement in
a highly controversial deal in
Malta.
Vertical chairman Jacob
Agam is alleging the bank
tried to discredit him – a
financier of British-Israeli
background who criticised
BNP over its involvement in
money-laundering for pariah
regimes – as well as of presid-
ing over anti-semitic practic-
es.
PAGE 3
Editorial PAGE 7
BUDGET 2021: A LIFESAVER IN A TIME OF UNCERTAINTY
BNP Paribas opposing Malta summons
on €1 billion anti-semitism claim
PAGE 2
BACK PAGE
Deloitte: English
language teaching
loss in government net
economic activity could
reach €88 million
BNP Paribas bosses are opposing
Malta summons in antisemitism row
for €1 billion damages
Malta Development Bank
and its role in Malta's
economic revovery
BNP Paribas CEO
Jean-Laurent Bonnafé