Former Progress Press chair received six-figure sums from Schembri, court told
Former Progress Press chairman Vince Buhagiar could not explain hundreds of thousands of euro he received from Keith Schembri, telling investigators that those were payments for consultancy services forming part of a “gentlemen’s agreement.” Buhagiar, who is pleading not guilty to money laundering offences, received amounts over US$134,000, US$105,000 and €50,000 from a Gibraltar-based company, Malmos Ltd, owned by Schembri. Details were disclosed on Tuesday by Inspector Ian Camilleri...
Source: timesofmalta.com