The Government says it notes, “with disappointment”, the European Parliament’s objection, today, to the entry into force of the European Commission’s decision to remove certain jurisdictions, including Gibraltar, from the EU’s list of ‘high-risk’ third-countries with strategic deficiencies as regards anti-money laundering and counter-terrorist financing (“AML/CFT”).
The Government says that it considers that the reaction of Indpendent Member Marlene Hassan Nahon following her exchange with the Minister for Education Gilbert Licudi is “completely exaggerated and over the top” adding that this is nothing more than a “deliberate ploy on her part to play the victim card and in this way cloud the real political issue at stake.”
Guido Grimaldi was born in Naples in 1987. Initially raised in London as at that time his father was developing their deep sea branch there. He moved back to Naples to accomplish his school studies and university degree in business economics at Federico II University. Guido immediately started working in the family business at the age of 22, and spent his first year in Naples HO following accounts, budgeting and cost control. In 2010 he moved back to London, where their deep sea activities are managed, to experience line and commercial activities. Together with Guido's move, the Group was launching a new service from the Med area to West Africa (the “Mediterranean Express”), which was his main interest during his three years in London. In 2013 the Med Express Commercial Management was relocated to Naples HO where he actually lives and is responsible for the trade between the Mediterranean and West Africa.
ISOLAS has advised Michael Mechas on the sale of the entire issued share capital of CIMCO Partners Management Limited (CPML) to European Wealth Group Limited (EWG), an AIM-listed wealth management company making their first investment into Gibraltar.
Independent MP Marlene Hassan Nahon has demanded a public apology after a heated parliamentary exchange with Minister Gilbert Licudi during which he reportedly used “shocking and abusive” language.