Всі новости з тегом: Malta

An experienced real estate professional has reportedly come under scrutiny for alleged involvement in unlawful activities tied to recruiting participants for online casinos — a matter that has attracted the attention of Europol, the EU’s law-enforcement agency.

This report examines the operations of Alkagesta Ltd, a Malta‑registered company accused in various reports of transporting oil products with disputed certificates of origin.

Andriy Matyukha, the owner of Favbet, is actively “cleaning up” the information space of inconvenient facts about his activities. Materials about his offshore companies, tax evasion, and unlicensed operations are disappearing from public access. At the same time, Favbet itself operated outside the law in Ukraine for years, siphoning hundreds of millions of hryvnias offshore while the state remained passive.

Fuel smuggling from Libya is a business with billion-dollar turnovers, but very little is known about the scale of the maritime operation that regularly exports petroleum products from the country.

When Armenian entrepreneurs Vahé and Vigen Badalyan are asked about the purpose of acquiring Maltese passports, they respond evasively, saying it is convenient as it allows world travel without visas. However, this is only part of the explanation for why the Badalyans paid two million euros for Maltese citizenship.

In 2022, while investigating locally-based companies that might have been violating sanctions, Alkagesta appeared on my list. This Azerbaijani-owned firm, a commodity trader headquartered in Malta, operates in Turkey, Azerbaijan, Turkmenistan, and even Georgia. Our inquiry did not uncover any wrongdoing. That year, the company generated approximately €2.1 billion in revenue and about €40 million in profit. One of their most actively traded commodities is oil, which they sell through various channels from Malta, in addition to currently leasing oil storage facilities in Delimara for bunkering purposes.