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BBCNEWS Breakfast October 24, 2021 05:07:00

People dont tend to come very ill with covid but they can still pass it on, affecting the wider community and, crucially, their own education if schools have to shut down. 0ver if schools have to shut down. over 6000 people are in hospital with covid, nearly a same number as a year ago. writing in the sunday telegraph today, professor stephen paris, the nhs director, is encouraging everyone to take up vaccination offers and booster shots. he says: that is why health officials are keen to get all...
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IFC supports fuel imports in West Africa – New Business Ethiopia

To support imports of crucial energy products into several West African countries, International Finance Corporation (IFC) has invested in two trade finance facilities arranged by Société Générale for Addax Energy S.A. IFC’s $20 million investment in a $230 million facility will help Addax finance imports of refined petroleum products into Benin, Côte d’Ivoire, Senegal, and Sierra Leone and distribute the products in Burkina Faso, the Gambia, Guinea, Mali, and Niger. An IFC investment ...
Burkina Faso Sierra Leone World Bank Group Addax Energy International Finance Corporation West African

Progress Press officials made no personal financial gain – police

Two Progress Press officials facing fraud and money laundering charges made no personal financial gains from the allegedly fraudulent application filed for a grant from Malta Enterprise, a police inspector testified on Monday.  Leanne Bonello, from the police anti-money laundering squad, told the court that after carefully analysing financial statements belonging to Progress Press managing director Michel Rizzo and former financial controller Claude Licari, the police found nothing to prove an...
France General United Kingdom Malta General Roberto Montalto Michel Rizzo Anne Marie Xuereb

Standards Commissioner accuses Glenn Bedingfield of 'undermining' his office

Standards Commissioner accuses Glenn Bedingfield of undermining his office Standards Commissioner George Hyzler hit out at a series of allegations made by Bedingfield over the weeks, ranging from corrupt staff members to overpaid chauffeurs 6 May 2021, 5:58pm by Nicole Meilak The Standards Commissioner is accusing Labour MP Glenn Bedingfield of undermining his office by making "unfounded accusations" against him and his staff. In a stern letter penned by the Commissioner and addressed to the...
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Court appointed administrator takes over Malta advice firm

After the regulator imposed restrictions on the business Hector Spiteri has been appointed as administrator of Malta-based Zenith Finance, according to a court order on 13 April 2021. He will take control of the business as well as preserve all of the assets of Zenith Finance. As a consequence of the court order, the Malta Financial Services Authority (MFSA) will be terminating the appointment of Stephen Paris as a competent person for Zenith Finance, with effect from 28 April 2021, as Spiteri ...
France General Hector Spiteri Malta Financial Services Authority Malta Based Zenith Finance Stephen Paris Zenith Finance

New administrator for Zenith Finance appointed – MFSA

Updated on 26/04/2021 at 18:57 By means of a decree of the Court on 13 April 2021 relating to Zenith Finance Limited (‘Zenith Finance’), Hector J. Spiteri was appointed as administrator of Zenith Finance to take control of the business of Zenith Finance as well as to preserve all the assets of Zenith Finance, the MFSA said in a notice, Zenith was in the news recently as Zenith Finance’s Matthew Pace and Lorraine Falzon were charged with, amongst other things, money laundering, when polic...
France General Hectorj Spiteri Lorraine Falzon Keith Schembri Malta Financial Services Authority Zenith Finance Limited

Court-appointed accountant to run Zenith Finance

Stephen Paris, appointed by MFSA last month to run Zenith Finance has been replaced by court-appointed administrator Hector Spiteri. In March the Malta Financial Services Authority suspended the operations of Zenith Finance Limited and Zenith (Tied Insurance Intermediary) Limited after its owners Matthew Pace and Lorraine Falzon were granted bail over money laundering charges. The two, along with their advisory firm, previously known as MFSP, have been charged with a slew of other financial cri...
France General Hector Spiteri Vincent Buhagiar Adrian Hillman Lorraine Falzon Keith Schembri

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