More Supermarkets boss Ryan Schembri has been found and arrested in Scotland, Net News have reported.
Schembri fled Malta back in 2014, leaving a reported €40 million in debt from the crash of the local supermarket chain. The supermarket boss is said to have fled from Malta following threats from loan sharks towards him and his son.
Schembri was arrested on a European Arrest Warrant issued by Interpol a number of years ago, upon request from Maltese authorities. He is reportedly wanted on suspicions of money laundering and fraud, sources have revealed.
A judicial protest from one of the investor’s lawyers claims the client suffered huge damages as a result of Schembri’s “deceit, illegal, abusive and fraudulent behaviour.”
He is slated to be extradited to Malta and could face charges of money laundering and connection to the murder of lawyer and former investor Carmel Chircop.
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