Vince Buhagiar received thousands from Gibraltar company belonging to Keith Schembri

27 April 2021 – Vince Buhagiar, the former chairman of Progress Press and Allied Group director, could not explain to police money transfers he received in his investment account from a Gibraltar company belonging to Keith Schembri

Buhagiar, a former chairman of Progress Press and managing director of Allied Newspapers, publishers of Times of Malta, had received over $134,000, over $105,000 and €50,000 from an account in JYSK Bank in Gibraltar.

Camilleri said Buhagiar was unable to explain the payments originating from Malmos Ltd, a Gibraltar-based company owned by Schembri.

Also reported in Malta Independent Vince Buhagiar received thousands from Keith Schembri's Gibraltar company, court hears