Tag: manoel island
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Padel Courts permit in Manoel Island appealed by NGOs
Up to three NGOs have field an appeal with the Planning Authority opposing its decision to regularise the illegally built padel courts on Manoel Island. Flimkien għal Ambjent Aħjar, Moviment Graffitti and Żminijietna filed a 33-page appeal through lawyer Darren Carabott, asking the Tribunal to annul the Planning Authority’s decision and refuse the development application…
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Protest held in Manoel Island against illegal and private developments
Numerous NGOs including the Ramblers Association and Moviment Graffitti and citizens gathered at Manoel Island yesterday to protest the ongoing takeover of the island by private interests. The protest was prompted by the Planning Authority’s decision to sanction illegally built padel courts after the island was returned to public ownership. The government is now also…
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Jason Azzopardi warns of corruption behind planned yacht marina in Manoel Island
Having taken Manoel Island back from MIDI, the government is choosing to continue MIDI’s plan to install a permanent yacht marina on Manoel Island. The Prime Minister, who owns a yacht himself, is being accused by Jason Azzopardi of being behind the project. Jason Azzopardi is accusing the Prime Minister of planning to hand this…
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Labour Party media comes out in defence of padel courts on Manoel Island
The Labour Party’s propaganda outlet, ONE.com.mt, is now defending the Planning Authority’s decision to sanction the illegal padel courts in the new “National Park”. It wasn’t enough that the government broke its promise in the first weeks of its tenure; the Labour Party now also has to defend the decision with its ridiculous jargon. In…
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Manoel Island National Park: Now you see, now you don’t
It took less than seven weeks after the general election for the Labour government’s vision of paradise to begin to change. After spending months and considerable public resources promoting its plan to transform Manoel Island into a national park, the government-appointed Planning Authority has now sanctioned a large private padel complex on the same public…
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Manoel Island officially handed over to the Government
Manoel Island has officially been handed over to the government after a deal involving a €43 million bail-out for the shareholders of the company. The bailout enabled the company to pay an outstanding €47 million bond payment. MIDI itself admitted in communications to shareholders that failure to reach an agreement with government could have pushed…
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No comments by the Labour government over the Padel Courts construction in Malta’s new “National Park”
The Labour government and the Prime Minister have yet to give explanations about what will happen to the padel courts in Manoel Island after they have been sanctioned by the Planning Authority over a €900 fine. The padel courts were built illegaly but the Planning Authority has officially regularised them. Manoel Island was promised as…
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Creating a dangerous precedent in markets by bailing-out toxic garbage
The Labour Party is extensively changing Malta’s social contract, skewing it in favour of the richest and the strongest at the expense of the weakest and the smallest, and the latest tweak that the Labour government is introducing is its new dangerous precedent of bailing out bondholders and shareholders of bad investments gone wrong. The…
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Alec Mizzi of Mizzi Group confirms that the government bailed-out MIDI over bond payments: Owen Bonnici says he doesn’t care
During an interview with Il-Każin, Alec Mizzi confirmed that the government bailed-out MIDI with a €42 million payment that enabled the company to have enough liquidity to pay its bondholders. MIDI had an outstanding €47 million bond payment due this year but no liquidity and cash reserves to pay bondholders. MIDI was in dire financial…
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WATCH: Manoel Island “National Park” turns into commercial Padel court club
Prime Minister Robert Abela promised to turn Manoel Island into a national and public park. Instead, it has been turned into a private Padel court club. there’s always a hidden catch when the Labour government announces something progressive: either someone is going to get paid or the announcement is not really what it looks like.…
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Prime Minister announces contract on Manoel Island with MIDI to be signed in the next weeks: no details announced
Earlier today, Prime Minister Robert Abela announced that the government will be signing the agreement with MIDI over Manoel Island in the next few weeks, however no details were announced. Last year, following a wide-scale national campaign to turn Manoel Island into a public park, the Prime Minister decided to enforce the contractual clauses in…
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No crying in the (rent-seeking) casino
Apparently, some self-declared local financial experts are calling the press to spread panic over the fact that MIDI’s bond-holders may end up with nothing as the company fails to meet its financing requirements and has no capability of repaying its debts and creditors. A Maltese bank that was to finance MIDI’s project at Manoel Island…
