News in English

€1 million scam puts bank security under scrutiny

A €1 million scam to which 200 people fell victim has led to questions about local banks’ internal controls.Ex-journalist and PN candidate Norman Vella last week accused Bank of Valletta, Malta’s largest bank, of failing to address “known security weaknesses” that allowed scammers to move money out of the bank without detection.BOV is one of...

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