Issue link: https://maltatoday.uberflip.com/i/1439037
Become a MeDirect customer, start trading and receive a cashback on the first €100 traded when investing €5,000 or more! €1.50 THURSDAY 23 DECEMBER • ISSUE 135 WWW.BUSINESSTODAY.COM.MT PAGE 5 PAGE 3 MATTHEW VELLA & NICOLE MEILAK KEITH Schembri, the former right-hand man to Joseph Muscat, has been slapped with an unprecedented travel sanction by the United States government. Former Labour minister Konrad Miz- zi was included in the latest designation from the US Department of State. e Department of State announced the public designation of Mizzi and Schembri as having been involved in "corrupt acts that included using their political influ- ence and official power for their personal benefit." Specifically, the US government said there was "credible information that Miz- zi and Schembri were involved in a cor- rupt scheme that entailed the award of a government contract for the construction of a power plant and related services in exchange for kickbacks and bribes. Americans bar entry to US to Keith Schembri and Konrad Mizzi for 'corrupt acts' Global spike in COVID cases bring tourism industry to its knees STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 22 Dec 2021 Number of Trades: 88 Turnover: €1,150,266.32 MSE TRX Index: 7,889.778 (Change: -0.628%) Name LOM BANK ORD MT0000040106 - Currency € Last Traded 22 Dec, 2021 Price 1.840 Change 0.010 US Dollar 1.1324 British Pound: 0.84845 Japanese Yen: 129.42 Australian Dollar: 1.5722 Swiss Franc: 1.0427 7,309.35 0.016 7,297.41 / 7,211.76 Value Net variation High / Low +11.94 Unprecedented travel sanctions from US government's OFAC on former Labour top brass PAUL COCKS UNCERTAINTY within the local tourism industry is growing by the minute, as foreigners - and locals - cancel their bookings amid a surge in COVID-19 cases gobally, BusinessToday has learned. The US Department of State announced the public designation of Keith Schembri (left) and Konrad Mizzi (right) as having been involved in "corrupt acts that included using their political influence and official power for their personal benefit." WILL NOT BE PUBLISHED ON THURSDAY 30 DECEMBER AND NEWSPAPER WILL BE BACK IN PRINT ON 6 JANU- ARY 2022 MERRY CHRISTMAS TO OUR READERS