Couple charged with money laundering after failing to declare full income

Tista' taqra bil- Malti.

A couple has been charged with money laundering after investigations revealed they were not declaring their full income.

The couple were charged in court on Wednesday before Magistrate Victor Axiaq.

A 35-year-old officially unemployed man and his wife, 34, who works as a hairdresser faced money laundering charges after they failed to declare their full income.

In court it emerged that the man was working as a driving instructor without a licence.

Police Inspector Oriana Spiteri told court that the police had been tipped off about the couple, with the wife was depositing some €11,000 every month while the man also had noticeable deposits.

The police confirmed that none of the money was obtained through criminal activities such as drug trafficking, prostitution, trafficking in weapons or any other criminal activity. Further the police found no drugs during a search.

The police inspector told the court that pair was arraigned over their failure to declare their income.

The defence requested bail on behalf of their clients.

Lawyer Franco Debono appearing for the accused noted that undeclared income would have been dealt with in an administrative manner by the tax authorities.

The court upheld the request against a €2,000 deposit and a €20,000 personal guarantee. They were ordered to sign the bail book once a week.

Police Inspectors Claire Borg, Keith Mallan, and Danilo Francalanza led the prosecution. Dr Andrea Zammit appeared for the Attorney General’s office.

Lawyers Franco Debono, Marion Camilleri and Francesca Zarb appeared for the accused.