Comments on: You bet it does – I wonder who really took that 5% commission

By: Wheels Within Wheels

Wheels Within Wheels — Sun, 01 Mar 2015 22:07:00 +0000

This is simply obscene. Even when it first hit the news I was alarmed at how little fuss was made about it.

The speed with which this deal was concluded in itself is very suspect. For Eur4.2million, the Government should definitely have instituted a court case.

The not so little detail that there was another offer on the table for the same amount from Anglu Xuereb, makes it even worse, if that were at all possible.

Of course the Government’s consent would have been needed for the defaulting tenants to “sell” the business.

To think that the Government could have evicted Cities Entertainment, taken back the property and made a new agreement with Anglu Xuereb putting in all the necessary safeguards for the archives, and make a significant profit for the country.

What the Government did is the worst possible option for the country. It could have evicted them and gone after them for all their arrears.

They would have been lucky if the Government simply evicted them and waived their dues to Government. But to pay their loans off and a commission to boot is beyond outrageous.

Someone beyond Mario Camilleri and the Curmis must have benefited from this deal. It just doesn’t make any sense at all.

By: Richard J. Caruana

Richard J. Caruana — Sun, 01 Mar 2015 19:22:00 +0000

You left out the gift Labour gave itself when surrendering the court case on Australia Hall.

By: may borg

may borg — Sun, 01 Mar 2015 18:15:00 +0000

Kitchen? On the other side of the street and also under the library, there was (I don’t know if it is still open) a restaurant. He should buy out that one too.

By: caroline

caroline — Sun, 01 Mar 2015 16:53:00 +0000

In reply to Daphne Caruana Galizia. As a Maltese citizen, can I sue Joseph Muscat for misappropriation of my hard earned taxes .

By: Nina

Nina — Sun, 01 Mar 2015 10:09:00 +0000

A great leading article in The Sunday Times today –

Editorial: Bailout riddled with shortcomings

http://www.timesofmalta.com/articles/view/20150301/editorial/editorial-bailout-riddled-with-shortcomings.557994

By: Daphne Caruana Galizia

Daphne Caruana Galizia — Sun, 01 Mar 2015 09:41:00 +0000

http://www.independent.com.mt/articles/2015-03-01/local-news/Cafe-Premier-bailout-stinks-of-corruption-according-to-Nationalist-Party-leader-Simon-Busuttil-6736131408