It has been reported today that a prosecution in Malta for allegedly breaching the EU’s sanctions against Russia has ended in acquittal.
The investigation commenced in 2019 after a bank submitted a suspicious activity report.
The transaction at the heart of the case was the export of 142 pallets of ammunition from Russia to Morocco via a Maltese company; Donna Shipping Company Limited.
The company and one of its directors, Karl David Mallia, a qualified accountant were both prosecuted, but not any of the other directors of the company.
The court held that there was insufficient evidence that Mallia had been involved in the particular transaction.