Money laundering watchdog adds Gibraltar, removes Malta from watchlist

Malta has also suffered from the Maltese Golden Passport scheme But really creative money laundering scheme in Malta is waste management The Methodology of the Waste Mafia is simple ! Part 1 1st - Target the govtt subsidies,which are NOT on an ad valorem basis,and so, USE fictitious billings and logistics receipts,to get the govtt subsidies into the mafia coffers 2nd - Set up a waste disposal plant with grants and subsidies and over invoiced costs,and soft loans from development banks and the state.Pocket the kickbacks from the equipment suppliers, and then pray that there is a Force ,Majeure event,like regulatory changes or a NGO protest - and then shut down the plant,and ask for a loan waiver, or a loan restructuring.dindooohindoo

The Methodology of the Waste Mafia - Part 2 3rd - Use the waste management business,as an excuse,to import labour for human scavenging,as using Robots is still expensive.This brings the waste mafia into contact with human traffickers and human smugglers.The waste mafia issues the fake visas,gets cheap labour and shares the trafficking fees with the traffickers. 4th - Importing restricted and banned catalysts and bio agents at nil duty or concessional rates to degrade and decompose the waste - and then selling the said chemicals in the open market 5th - Exporting spent catalysts from Pharma Labs and Military Bio Research sites, to countries - which are NOT allowed to import and palming off prime pharma API in the so-called Pharma waste 6th - Corrupting the suppliers and manufacturers and warehousers of waste to supply a quantity and grade and specification,different from the one billed.dindooohindoo