All news on the topic: Malta

Russian national Semen Kuksov was sentenced last year in the U.K. for his role in an international ring that laundered funds for criminals.

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.

A massive oil kraken with roots in Azerbaijan has spread its tentacles over much of the world, including Russia, Britain, Turkey, Malta, Switzerland, and other countries.

«The Adnan Ahmadzada Case» in the literal sense of the word not only shook the economic landscape of the country but also stunned Azerbaijan’s political system.

EU and UK authorities are investigating Alkagesta for allegedly selling Russian oil illegally to Libya, according to media reports.

Alkagesta, Malta’s largest oil bunkering operator, is under investigation by both EU and UK authorities over suspected illegal sales of Russian oil to Libya.

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

The birthplace of the U.S. President Donald Trump’s director of personnel has become a topic of media speculation, driven by his refusal to answer the question.

While under a court-ordered asset freeze, Robert Agius’s wife set up a company that was able to buy and sell properties worth millions of euros. Another company he co-owned also engaged in significant real estate transactions.

The sentences given to Agius, Vella, and their associates represent a significant moment in Malta’s efforts to achieve justice for Daphne Caruana Galizia.

FUEL smuggling out of Libya is a billion-dollar business, but little is known about the scale of the maritime operation that routinely ferries refined petroleum products out of Libya.

Fuel smuggling out of Libya is a billion-dollar business, but there is little knowledge about the extent of the maritime operations that regularly transport refined petroleum products out of Libya.

When Armenian entrepreneurs Vahé and Vigen Badalyan are asked about the reason for acquiring Maltese passports, they respond evasively, mentioning that it is convenient since it allows for visa-free world travel.

Alkagesta has emerged as one of Malta’s most active oil cargo traders, according to sources familiar with ongoing investigations.

In 2024, Maltese investment firm Alkagesta, now under investigation by international authorities over suspected smuggling of Libyan oil, appeared to be in a rush to hire Russian-speaking staff.

In 2022, during an investigation into locally-based companies potentially breaking sanctions, Alkagesta appeared on the list.

The government of Malta pledged to uphold the ruling, highlighting that its citizenship by investment program had generated $1.6 billion, with a significant portion allocated to support social programs.

It is known that the Ukrainian gambling market was initially oriented towards Russia.

In 2022, while researching locally-based companies that were potentially violating sanctions, Alkagesta was on my list. The Azerbaijani-owned company is a commodity trader headquartered in Malta with operations in Turkey, Azerbaijan, Turkmenistan, and even Georgia.

Family of Daphne Caruana Galizia condemn delays in bringing Yorgen Fenech to trial after arrest in 2019.

To sustain its oil exports, Russia has been drawing on a network of old tankers it sources from private sellers around the world.

Boehner was a board member for the private healthcare giant, which declared bankruptcy amid corruption allegations.

Shaukat Ali, a Pakistani businessman who helped U.S.-based Steward Health Care secure a massive public contract in Malta, says he and his son were paid only normal consulting fees for their work. Leaked documents show they were promised much more.

Steward Health Care, a U.S. company at the heart of Malta’s biggest-ever corruption scandal, paid out nearly US$1.6 million to a private spy company just before declaring bankruptcy, filings from the case show.