Image Source : EuroNews
Yorgen Fenech, a prominent Maltese businessman, has been granted bail, but with stringent conditions that could prove costly if breached. Specifically, Fenech’s aunt has put up €50 million as part of the bail requirements, which lawyers are calling the “biggest in Maltese history”. This substantial amount underscores the gravity of the charges against Fenech, who is accused of complicity in the murder of investigative journalist Daphne Caruana Galizia, among other crimes.
Fenech’s bail conditions are a subject of controversy, with many questioning the decision to grant him bail given the severity of the charges. The prosecution had argued that Fenech posed a flight risk, citing his access to cryptocurrencies and plans to immigrate to the United States. However, the court ultimately decided to grant him bail, albeit with the hefty €50 million guarantee.
The case against Fenech is complex and multifaceted, involving allegations of corruption, money laundering, and murder. As the investigation continues to unfold, the Maltese public remains keenly interested in the outcome, given the high-profile nature of the case and the potential implications for the country’s justice system.