Comments on: Allcare: ‘We are One’

By: Drinks With Vince Micallef

Drinks With Vince Micallef — Tue, 18 Nov 2014 23:10:46 +0000

That lovely outfit Alfred Mifsud is wearing, complete with sandals and Charles Butcher shopping bag – will it be preserved in the projected Museum of Maltese Clothes?

By: Tabatha White

Tabatha White — Tue, 18 Nov 2014 19:21:51 +0000

In reply to Rebellion. "I do know for a fact that the Maltese insurance industry is up in arms as they have been seeing this coming" They should have seen it coming. It was never any different even in the Mintoff years. Those who played ball got included with interesting cession parts and, well, then there were at times, the left-overs.

By: Rebellion

Rebellion — Tue, 18 Nov 2014 15:51:53 +0000

Would it not be in the MFSA’s responsibility to ensure that there is no market concentration?

Now that you have brought the matter to light, the MFSA cannot stay silent and should investigate.

These matters are doing the rounds internationally and damaging Malta’s reputation as a financial services centre. No level-headed hedge fund or financial institution would want to be associated with a country rife with this kind of cronyism.

That said, I do know for a fact that the Maltese insurance industry is up in arms as they have been seeing this coming.

Legitimate business relationships (and contracts) which they had nurtured for long have been summarily terminated and new expressions of interests/tenders have been issued. This does not just apply to the insurance business.

You may wish to investigate also the legal contracts given to Mifsud Bonnici Advocates – and that includes Dr. Aaron Mifsud Bonnici’s wife. He is the GWU lawyer.