The Italian mafia in Sicily has alleged used banks in Malta to defraud €10 million in funds which the EU gives to farmers.
This has emerged from reports in the Italian media and was confirmed by the Foreign Affairs Ministry. The Police in Messina arrested 94 people in connection with this case.
The fraudsters allegedly were declaring large tracts of land which are the property of the regional and local councils, for which they were receiving European funds. The money was then allegedly passing through a number of banks in a process of money laundering.
Along with Malta, banks in Lithuania, Bulgaria and other countries, were also involved.