Cyprus and not Malta is the Russians’ big money laundry. Malta’s banks seem to be comparatively small-time laundries mainly serving corrupt rich scumbags from Central Asia, aided by corrupt scumbags in the local government.
The confusion is understandable, given that the oligarchs in this case are based in former republics in the Soviet empire and are just as if not more thuggish and brutal than their Russian counterparts and given that we’re talking about small Mediterranean island nations whose governments tolerate the laundry operations.
