Steward is now resorting to intimidation. Those millions were guaranteed by our government using our money. Instead, that money came from Bank of Valletta in four separate loans amounting to €35,900,000. They should have brought foreign investment. That financing should have come from foreign banks. The company entered into an interminable series of agreements with the government to finance its Malta project. But there’s nothing financially sound about Steward. In the company statement, Steward claimed it had “transformed a bankrupt enterprise into a professionally managed operation with a sound financial footing”. Steward is warning us – forget about foreign investment nobody will put his money in your rotten island after that court decision. How considerate.Īfter leeching the country dry, Steward is shedding tears for our democracy. Steward, the company cashing in millions for doing nothing, thanks to a fraudulent deal it struck with the world’s 2019 most corrupt politician, is concerned for Malta’s rule of law. Those raking it in thanks to Labour’s trampling of the rule of law are now lamenting its demise. The court’s judgement “presents major concerns for the rule of law in Malta”. Malta is a banana republic, Steward asserted. The company is used to calling the shots and getting its way because it had Muscat and Mizzi on its side. Steward’s statement on Wednesday betrayed the arrogance we have now come to expect from those on whom Labour bestowed impunity. ![]() Joseph Muscat and Konrad Mizzi promised to pay them €100 million plus all debts incurred and Steward’s determined to get that money.
0 Comments
Leave a Reply. |