Delia’s owned properties all purchased by wife

PN Leader Adrian Delia declared in Parliament that the property he holds, which includes his residence (and the accompanied annexed property), located in Siggiewi, were purchased by his wife.

He also owns a field in Rabat for family use, which was also purchased by Vella de Fremaux.

Delia currently holds shares in Aequitas Management Ltd. (5,400 ordinary shares), Aequitas Trust and Fiduciary Ltd. (6,750 ordinary shares), Evolve Consultancy Ltd. (300 Class A shares), and Mgarr Development Ltd. (45 Class B shares).

He had also previously held 4,000 shares in Chris Nicola and Associates Ltd. (now defunct).

Delia had resigned from all his directorships (Aequitas Management ltd., Aequitas Trust and Fiduciary ltd, Evolve Consultancy ltd., and Carnaby ltd.) He is still a subscriber with Frankef Ltd (10 shares out of 24,990) and Patiene Development Ltd, formerly Kefi Holdings ltd., were he holds one share.

For both cases, he listed that he had “no contact for years” with the two companies.

He is currently the President of the Fortunato and Enrico Mizzi Foundation and was the President of Birkirkara Football Club until 2017.

Last September, a day prior to the PN Leadership election, Delia published his full statement of financial affairs.

In total, his shares in immovable property amounts to €2.3 million, investments from shares owned in companies amount to €40,565, his net position from a development in Mgarr amounts to €185,082 and other recoverable balances from related companies and related parties amount to €74,936.

With regards bank financing, his home and personal loans amount to -€725,084, bank overdraft and credit card balanced amount to €104,426, tax balances due amount to -€51,924 while interest and charges on tax balances due amount to -€34,859.

Overall, his net position stands at €1.6 million; however, his position was illiquid due to the lack of cash money.

The figures also showed he owed €51,924 in taxes and another €34,859 in interest and charges from overdue taxes.

Last Sunday, he told The Malta Independent on Sunday that all his taxes - arrears, interest and charges - have now been settled with the taxman, down to the very last cent, after his final 2016 tax bill was paid.

He added that all that is left for him to do is to file his 2017 tax return by the end of June, like everyone else.