Five businesspeople have been reportedly arrested as part of a €62 million tax fraud investigation.

This was revealed earlier today by Times of Malta, with the group said to include a contractor from Żebbuġ along with the staff.

They were arrested on Tuesday evening by the Financial Crime Investigations Department and are set to be arraigned in Court shortly after questioning took place earlier today. 

It’s been said that businesspeople are to be prosecuted over fraud and tax evasion, with some others being investigated over evasion of Value Added Tax.

More details as they come