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The Maltese Herald

Minister for Finance Clyde Caruana wants Central Bank Governor Edward Scicluna to resign

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by

Mark Camilleri
in

I did not confirm this from the Minister himself and I also did not confirm whether he communicated this opinion to Edward Scicluna himself. However, I have confirmed that the Minister for Finance Clyde Caruana is not happy that Edward Scicluna is staying on as Central Bank governor and he wants him to resign. Clyde Caruana expressed these sentiments clearly with some of his colleagues and friends.

One of the main reasons why Clyde Caruana wants Edward Scicluna to resign is that we are currently being evaluated by Moneyval (Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism), and a report about Malta will be concluded by the end of the year. I will be working on this story later today.

Comments

  1. Tirso avatar
    Tirso

    Can someone please explain to PM Abela that Malta’s representative in EU banking institutions cannot be someone facing criminal charges related to money laundering and political corruption? Does Abela plan to go with him to the ECB meetings and defend him with the “presumption of innocence” when the other members give Scicluna the cold shoulder?

    Reply
  2. Everyone wants Central Bank Governor Edward Scicluna to resign, but he thinksd it is better if he stays because “he didn’t do anything wrong” – Mark Camilleri avatar
    Everyone wants Central Bank Governor Edward Scicluna to resign, but he thinksd it is better if he stays because “he didn’t do anything wrong” – Mark Camilleri

    […] can confirm that Finance Minister Clyde Caruana absolutely wants Edward Scicluna to resign and he wants his resignation effectively immediately to avoid harsh criticism from the European […]

    Reply

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