It was never Robert Abela’s intention to clean up the government and repossess stolen state assets, so much so, that if it wasn’t for the Opposition, the deal with Steward would still have been ongoing. Bank of Valletta has made sure to dissociate itself from its past involvement in the deal by firing its chief risk officer, who approved a loan to Steward that is now in default. On the other hand, Robert Abela shows no enthusiasm to dissociate himself from the past perpetrators of this fraudulent deal.
This is James Camenzuli, who had been placed as Chairman of the local regulators of the Energy and Water Services and also Chief Executive Officer at Projects Plus Ltd by Konrad Mizzi. He still retains his posts to date. Previously, he was also the CEO of the Foundation of Medical Services also appointed by Konrad Mizzi. James Camenzuli is the government bureaucrat who green-lit the fraudulent Vitals “adjudicating it” as valuable and advantageous for the government – the court concluded the contrary. The auditor-general found out that in fact, no due diligence was done on Vitals.
Also interesting to note is that James Camenzuli left his wife and eloped with another government executive. James Camenzuli is dating Jennifer Falzon who is the Chief Financial Officer of Malita Investments. In June 2017, Malita entered into two credit facility agreements to finance the construction of a number of housing units in Malta and James with his team at Projects Plus manages this project.
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