Min­is­ters and MPs re­veal their hold­ings

The Malta Independent on Sunday - - NEWS -

The Malta In­de­pen­dent on Sun­day has con­tin­ued to com­pile the in­for­ma­tion on the dec­la­ra­tions of as­sets of Par­lia­men­tary MPs that were sub­mit­ted at the end of April. Ear­lier in the week, this news­room re­ported that Prime Min­is­ter Joseph Mus­cat has cu­ri­ously de­clared to Par­lia­ment that he holds ex­actly same amount in bank de­posits, down to the last cent, since his dec­la­ra­tion for the year 2014 (as at 31 De­cem­ber). It was also re­ported that Op­po­si­tion Leader Adrian Delia’s dec­la­ra­tion re­vealed a sub­stan­tial amount in loans, to­talling €713,356. Trans­port Min­is­ter Ian Borg has €15,887 in his bank ac­counts and re­ported own­er­ship of five prop­er­ties, in­clud­ing two of­fices, one apart­ment, one field and one Ra­bat prop­erty used as his mat­ri­mo­nial home. Borg has a bank loan he still needs to pay off. Jus­tice Min­is­ter Owen Bon­nici has nearly €10,000 in the bank and owns three prop­er­ties. He also de­clared him­self an As­so­ciate Lec­turer at the Fac­ulty of Law. Equal­ity Min­is­ter He­lena Dalli reg­is­tered an in­ter­est as a share­holder in a num­ber of com­pa­nies, in­clud­ing PADA builders, ELCAR De­vel­op­ment Ltd, PR Com­pany Ltd, PLJ Dalli Ltd, P+D in­vest­ments Ltd, Park­lands Ltd and TADAR/TADAK Ltd. She also de­clared two com­pa­nies cur­rently in liq­ui­da­tion: PD Con­struc­tion Ltd and PLJ Ltd. She de­clared bank ac­counts to­talling €60,000. PD MP Mar­lene Far­ru­gia de­clared two com­pa­nies, both for land in Bul­garia, and prop­er­ties in Birgu, Gronin­gen (NL), Pem­broke, Qrendi, Mod­ica (Si­cily), Zab­bar, Zeb­bug and Zur­rieq. She also de­clared two in­vest­ment port­fo­lios to­talling just over €2 mil­lion. In terms of ac­counts, she de­clared a BOV prop­erty over­draft ac­count of €2.2 mil­lion, a BOV den­tal over­draft of €59,000, and a few other ac­counts, each with a few hun­dred eu­ros. En­vi­ron­ment Min­is­ter Jose Her­rera de­clared part own­er­ship, and own­er­ship of a num­ber of prop­er­ties in Lija, Mosta, Sliema, St Paul’s Bay and Val­letta. In terms of funds, he has around €263,000 in banks. PN MP Kristy De­bono de­clared that she has a cur­rent and a sav­ings ac­count with HSBC con­tain­ing €110,000, and owns an apart­ment in St Ju­lian’s, hav­ing made use of a loan. She also in­her­ited one-sixth of a house. Par­lia­men­tary Sec­re­tary re­spon­si­ble for Fi­nan­cial Ser­vices Sil­vio Schem­bri de­clared an of­fice in Luqa, as well as an apart­ment through a loan. He de­clared €101,000 in sav­ings, and has a €97,000 loan. He also de­clared hav­ing shares in MIDI and BOV, and bonds in MIDI. PL MP Ed­ward Zam­mit Lewis de­clared four prop­er­ties, in­clud­ing those in Lija, Val­letta and Nadur. He de­clared hav­ing stocks, bonds and shares val­ued at €105,000 but did not pro­vide com­pany names. He also de­clared hav­ing €25,000 in sav­ings and an €85,000 loan.

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