Parliament unanimously approved the €43 million deal for the government to reclaim Manoel Island and Fort Tigné from MIDI on Tuesday afternoon. The deal had also been unanimously backed in a parliamentary committee meeting just minutes earlier. On Tuesday afternoon, Culture Minister Owen Bonnici and Lands Authority CEO Robert Vella told parliament’s
A parliamentary committee has approved a key agreement paving the way for Manoel Island and Fort Tigné to be returned to public use. The Public Accounts Committee unanimously endorsed the deal between the Maltese Government and MIDI plc , marking another step in reversing parts of a 2000 agreement that transferred the sites to developers. The proposal,
Manoel Island is one step closer to returning to public ownership after Parliament approved a resolution on Tuesday to partially terminate its concession to MIDI, following earlier approval by the national audit committee. Parliament unanimously voted in favour of the motion which will place Manoel Island and part of Fort Tigne back into the hands
Parliament’s National Audit Office Accounts Committee has unanimously approved a government resolution paving the way for a €42.3 million payout to MIDI plc, with the Opposition PN joining Labour in backing what financial analysts describe as a taxpayer-funded “bailout” of a private developer. The vote followed a brief debate on a resolution tabled
More shocking details are emerging about the costs taxpayers are being forced to shoulder as part of the government’s deal to reclaim Manoel Island from MIDI plc. A ‘strictly confidential’ report commissioned for the Lands Authority earlier this year and seen by The Shift reveals that Prime Minister Robert Abela and Finance Minister Clyde Caruana agreed
Taxpayers are set to fork out more than €42 million to MIDI plc for the return of Manoel Island, a figure that far exceeds the restoration costs repeatedly cited by Prime Minister Robert Abela and amounts to a de facto ‘bailout’ of a struggling private developer, The Shift can reveal. The deal’s details, so far kept under wraps by the Government, are
