Malita Investments has denied that any of its decisions were influenced by political interference, one day after the company’s former chairperson accused minister Roderick Galdes of meddling. In a statement issued on Wednesday, the publicly listed company’s board said it “categorically refutes any allegations that its decisions and actions were influenced
Malita Investments's Board of Directors "categorically refutes" any allegations that its decisions and actions were influenced by ministerial intervention. The board said that it has acted independently at all times. The company issued an announcement on the Malta Stock Exchange. On Tuesday, former Labour MEP Marlene Mizzi has claimed that her 2024
The Nationalist Party has called on the National Audit Office to investigate Housing Minister Roderick Galdes in light of allegations of political meddling in a publicly listed company. The PN said its members on Parliament’s Public Accounts Committee will formally request an NAO investigation into the operations of Malita Investments plc. The request
Marvin Gaerty, the Former tax Commissioner, has been appointed the executive chair of Malita Investments plc. He will be replacing Johan Farrugia, who handed in his resignation on Monday Malita has faced increasing strain despite posting more than €5 million in profit in the first half of 2025. Work on a large housing project in Ħal Farruġ has stalled
Malita Investments' executive chair Johan Farrugia has handed in his resignation as the executive chair of Malita Investments, the Times of Malta reports. It reports that he handed in his resignation on Monday, but it is unclear whether it has been accepted. Malita has faced increasing financial strain despite posting more than €5 million in profit
Johan Farrugia has handed in his resignation as Malita Investments' executive chair, just eight months after being appointed, Times of Malta has learned. It is unclear whether his resignation has been accepted by Housing Minister Roderick Galdes. Farrugia is believed to have offered his resignation on Monday. Farrugia was named the company’s executive
In the coming days, the PN - through its members on Parliament's Public Accounts Committee (PAC) - will be formally requesting the National Audit Office (NAO) to open an investigation into the operations of Malita Investments plc. "This request to the Auditor General follows serious allegations made by former Labour MEP Marlene Mizzi regarding political
Malita Investments plc is facing a deepening governance crisis after its newly appointed executive chairman, Johann Farrugia, tendered his resignation, The Shift is informed. Farrugia, who was installed in 2024 by Housing Minister Roderick Galdes, submitted his resignation on Monday. However, the publicly listed social housing vehicle has yet to notify
Former Labour MEP Marlene Mizzi has claimed that her 2024 removal from the chairmanship of Malita Investments plc occurred shortly after she confronted Housing Minister Roderick Galdes over what she described as improper interference in the company's affairs and overly familiar dealings with its contractors. In a strongly worded Facebook post, Mizzi
Former Labour MEP Marlene Mizzi has accused Housing Minister Roderick Galdes of improper interference in the operations of Malita Investments, the troubled state-controlled, publicly listed company she chaired until her removal last year. In a sharply worded statement posted on social media, Mizzi said Galdes had sought to intervene in Malita’s day-to-day