Tag: Loan
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A gross and disgusting insult by the Labour government
As soon as we have normal government, Miguel Borg, who was paid €300,000 a year by Bank of Valletta while he gave a fraudulent loan of up to €35 million to the fraudulent Steward Health Care, would be in a position to be investigated on why he lied to the bank’s shareholders, the staff and…
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Then why did you fire Miguel Borg?
It’s really about time that Bank of Valletta starts telling the truth to the public and its shareholders instead of playing politics. Bank directors have to take responsibility and act accordingly instead of playing politics with the bank. Bank of Valletta is refusing to list the €36 million loan to Steward Healthcare as an impairment,…
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BOV Chairman on the €36 million Stewards loan: no comment
So, the Labour appointee and Bank of Valletta Chairman Gordon Cordina has no comment to make on BOV’s $36 million loan to Steward. I have sent a number of questions to Gordon Cordina to which he simply replied by saying that the bank can’t discuss the details of private clients. This is the first stint…
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BOV Chairman on the €36 million Stewards loan: no comment
So, the Labour appointee and Bank of Valletta Chairman Gordon Cordina has no comment to make on BOV’s $36 million loan to Steward. I have sent a number of questions to Gordon Cordina to which he simply replied by saying that the bank can’t discuss the details of private clients. This is the first stint…

