MFSA requires Boekhoorn to sell Novum Bank over gambling investment
Malta’s MFSA has directed Dutch investor Marcel Boekhoorn to sell Novum Bank, the press report says. Boekhoorn denies allegations in an Italian criminal investigation concerning an investment in a casino-games company; Ramphastos Investments said it would comply with the directive, while Novum Bank said its daily operations were unaffected.
The sale requirement could change ownership of Novum Bank, while the investigation and allegations remain contested.