Law firm Mamo TCV Advocates has denied allegations put forward in a complaint by Pilatus Bank on Wednesday.

The bank, which was yesterday charged with money laundering, filed a complaint at the World Bank through its parent company that the decision by the bank's controller appointed by the MFSA to appoint Mamo TCV to assist him was a corrupt move to benefit incoming MFSA chairman John Mamo.

In a right of reply, the law firm categorically denied the allegations.

The full right of reply is reproduced below:

"In view of the recent articles in the press – including your online portal – Mamo TCV Advocates states categorically that all allegations regarding any fee sharing, consultancy or other arrangements between the firm and Professor John Mamo are entirely false.  

Professor Mamo had not even been involved in the firm John Mamo & Associates when it merged with Tonna Camilleri & Vassallo in 2000, much less did he receive any remuneration or financial compensation in connection with the merger or in connection with any engagements that the firm was involved with after the merger took place.  

As such, any reports linking the firm to Professor Mamo and alleging that he has a financial or any other interest in the firm are totally false. 

Insofar as allegations that we have seen in connection with the work we have carried out are concerned, we are restrained from commenting on any engagements undertaken by the firm by laws on professional secrecy. Nevertheless, we can confirm that we have always carried out all engagements in a professional manner and with the highest levels of integrity - as consistently recognised by our peers and clients throughout the years."