€1.50
THURSDAY 12 OCTOBER 2023 • ISSUE 227
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PAGE 3
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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.
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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.
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FINANCE
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