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BUSINESS TODAY 12 October 2023

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€1.50 THURSDAY 12 OCTOBER 2023 • ISSUE 227 WWW.BUSINESSTODAY.COM.MT PAGE 3 PAGE 2 BOV in 'impossible situation' in money laundering case Metsola on Hamas attacks: 'Terror in its worst form' MATTHEW AGIUS BANK of Valletta has told a judge that it had been placed in an "impossible situa- tion" as a result of conflicting instructions given by different courts which meant it had to choose between being prosecuted and being found in contempt of court. is emerged in an appeal filed by BOV to a decision by the Financial Services Tribunal, which had ordered the bank to release frozen funds belonging to Simona DeGiovanni and Vincenzo Cocozza, in view of their acquittal from money laun- dering charges in Italy. More recently, the bank had received an order from the Criminal Court to freeze their assets. Lawyer Stefano Filletti told Mr. Justice Lawrence Mintoff that there had been de- velopments in the case since the last sit- ting, in September. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 11 Oct 2023 Number of Trades: 75 Turnover: € 1,326,986.02 MSE TRX Index: 7749.890 Change: 0.686% Name: 4.35% SD FIN UNS MT0001431205 - Currency € Last Traded: 11 Oct 2023 Price 98.000 Change +1.000 US Dollar 1.0522 British Pound: 0.86477 Japanese Yen: 144.59 Australian Dollar: 1.5451 Swiss Franc: 0.98700 7,613.67 78.12 7,613.39 / 7,312.00 Value Net variation High / Low +0.86% LUXURY RESIDENCES in the Heart of Valletta For more informa on contact: Hili Twenty Two, 37, Triq Censu Tabone, St Julian's, STJ 1218 +356 2247 0122 | | Private Courtyard Oasis Superla ve Loca on Concierge Convenience Underground Parking KURT SANSONE THE EU's highest officials gathered outside the European Parliament in Brussels for a 'solemn moment' to re- member the victims killed in Hamas's attack on Israel. European Parliament President Rob- erta Metsola, European Commission President Ursula von der Leyen and European Council President Charles Michel were joined by MEPs and the Is- raeli ambassador to the EU Haim Regev for the ceremony on Wednesday. SD FINANCE plc

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