Roderick Galdes says he has no intention of resigning as he continues to face scrutiny over a €140,000 penthouse he bought from mogul Joseph Portelli. Speaking on Andrew Azzopardi’s Saturday radio show, the Housing Minister was asked if he planned to leave office over the Gozo property he purchased from Portelli for what many perceive to be well below
The crisis at Malita Investments continues to deepen, the Nationalist Party said in a statement. The PN reiterated its "serious concern" regarding the escalating crisis at Malita Investments plc, a company in which the Government holds a majority shareholding. "Regrettably, this entity has increasingly become a symbol of financial failure and political
Malita Investments plc, the state-backed vehicle responsible for financing social housing projects, has entered talks with lenders after running out of capital to complete three major developments, highlighting growing governance tensions around the publicly listed company. In a late-evening announcement aimed at limiting market fallout, Malita said
Malita pls announced Friday that its secretary Albert Cilia has resigned in what is yet another development for a company that has already seen the departure of its chairman. In a company statement, Malita announced that Cilia resigned from his position with immediate effect, and has been replaced by Desiree Cassar. No reason for the resignation was
Social Housing Minister Roderick Galdes is facing increasing pressure after it emerged that a penthouse he purchased at a heavily discounted price from contractors linked to his ministry was not recorded in his cabinet declarations of assets in 2021 and 2022 in apparent breach of the ministerial code of ethics. Galdes, who has been under pressure
Minister Roderick Galdes was tasked with responsibility for Malita Investments, a publicly listed, financially sound company with a state majority shareholding. Within a year, Malita plc practically went bankrupt. Malita plc ran up millions in debts , €22 million of which was borrowed from the European Investment Bank, it’s chased by contractors for
Minister Roderick Galdes said he is prepared to face any scrutiny by the authorities and has nothing to hide when asked about calls for an independent investigation into the purchase of a low-priced property. “I assure you that all I did was lawful and the money that I paid was through a bank. Different to what is being said, the penthouse is not luxurious-
Opposition leader Alex Borg has called for the resignation or dismissal of Housing Minister Roderick Galdes, following recent revelations about Galdes' property dealings and alleged interference in Malita Investments “We are calling for the resignation of Roderick Galdes,” Borg told journalists at a news conference on Wednesday afternoon. If he does
PN leader Alex Borg called for the resignation of Social and Affordable Housing Minister Roderick Galdes, adding that Prime Minister Robert Abela should sack him if he doesn’t step down. Borg called for Galdes’ resignation in the wake of recent allegations that he had politically interfered in Malita Investments plc and that he had purchased a duplex
Opposition Leader Alex Borg has called for the "immediate resignation" of Affordable Housing Minister Roderick Galdes, or, faling that, for Prime Minister Robert Abela to dismiss the minister, following allegations linked to Malita Plc and a controversial property purchase in Gozo which the Minister paid €140,000 for. In a press conference on Wednesday,
