Protesters hung fake cash notes outside Pilatus Bank last night, which had the bank's former chairman's face printed on them

Ali Sadr Hashemi Nejad, the bank's former Chairman, was arrested on charges that he evaded US economic sanctions against Iran by sending more than $115 million from Venezuela through US banks. Prosecutors said Tuesday that Ali Sadr created front companies and foreign bank accounts to mask his dealings with Iranian businesses in Venezuela. The MFSA had removed him from any positions he held with the bank.

The notes were hung outside Whitehall Mansions in Ta' Xbiex, where the bank is based.

At the same time, signs were placed by the Greek embassy, requesting the Greek Prime Minister to support Maria Efimova. Efimova is a former employee of Pilatus Bank who was behind allegations that the Panama company Egrant was owned by the Prime Minister's wife, Michelle Muscat, had run away from Malta last year fearing for her life, but has now turned herself in to Greek police. PM Muscat and his wife deny the allegations.