Tag: Gem Holdings
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SOCAR Trading SA to be indicted in court over 17 Black
Times of Malta has today revealed that SOCAR Trading SA will be indicted to court over the 17 Black case. 17 Black was a Dubai-based company owned by Yorgen Fenech which was meant to pass bribes of the Electrogas project to government officials including the Prime Minister’s Chief of staff Keith Schembri and Energy Minister…
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Co-opting GZVH Adovcates into the Labour Party’s rent-seeking regime
The story of GZVH Advocates and its relationship with the Labour Party is not unique and it’s the story of many other lawyers who were co-opted by the Labour Party into its rent-seeking regime. Selling passports and getting public retainers is by far more profitable than being principled and hugely selective in your legal work.…
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If no one wants to buy it then it’s worth 0
So much for the government’s and Miriam Dalli’s constant cover-up and defense of Electrogas and its investors who run it. Gasan can’t sell its shareholding of Electrogas which it owns through GEM Holdings, meaning that mark to market, their shares have no bids and may technically be worth 0. Yet, the dilettantes in government have…
