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Roderick Galdes: how it started and how it’s going

Roderick Galdes’ case is an interesting one and is worth delving into in detail. One can easily compare his declaration of assets in a simple and similar manner we did with Robert Abela’s.

This is the declaration of assets of Roderick Galdes in his first year as a Labour government junior minister.

Residence in Qormi.

Office and tenement in Luqa

Office in Qormi

Shell tenement in Xagħra Gozo

Studio in Middlesex UK.

HSBC €18,592

HSBC UK £3,100.

Income 2012 €49,741.

Loans €166,947 mortgage loan and €9,000 personal loan.

This is his declaration of assets for 2022.

Residence in Qormi

House in Luqa

Property in Gozo

Studio apartment in Middlesex, UK

Office in Qormi

Land in Qormi

Unconverted house in Siġġiewi

House and land in Sicily

Income (in 2022): €65,532

Bank deposits: €77,142

Loans: €248,989

Therefore, in the nine years that Roderick Galdes was a government minister, he declared that he accumulated in total 3 properties, being a land in Qormi, a house in Siġġiewi and a house in Sicily. His bank deposits increased by at around €50,000  and his debt increased by around €73,000.

However, he FIAU’s report lists potentially more properties and assets than these that are declared apart from two specific companies one in Malta and another in Italy that may be connected to Roderick Galdes but are listed under different owners. Eyewitnesses also say that Roderick Galdes frequents another property in Sicily apart from the property which he declared.


Comments

6 responses to “Roderick Galdes: how it started and how it’s going”

  1. aglapira avatar

    The grand theme of George Orwell’s ‘Animal Farm’ has to do with the capacity for ordinary individuals to continue to believe in a revolution that has been utterly betrayed – socialism version Partit Laburista.

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