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The Maltese Herald

Prime Minister to revise contract and explore options: rules out compensation for shareholders

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by

Maltese Herald
in

Interviewed earlier today, Prime Minister Robert Abela stated a position that is more open to change on Manoel Island after he said that he will be revising the contract and check whether there have been any breaches of contract.

The Prime Minister once again blamed the previous Nationalist administration for giving out such a generous land concession to MIDI and ruled out compensation for shareholders if any changes are made to the concessions.

The Prime Minister’s comments contrast with those he made last Sunday when he stated that he won’t be the Prime Minister to erase a concession granted by Parliament and that the rights of the bondholders had to be respected.

 

Comments

5 responses to “Prime Minister to revise contract and explore options: rules out compensation for shareholders”

  1. Cee Emm avatar
    Cee Emm

    I don’t know how the Prime Minister can blame the PN government of the time for granting the concession to Midi without also blaming the Labour opposition of the time, seeing as the vote in parliament was unanimous – i.e every MP from both PN and Labour agreed to it.

    Reply
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