Tag: Roderick Galdes
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Wave of PN and Labour MPs step aside ahead of 2026 Election
A significant number of sitting MPs from both the Nationalist Party (PN) and the Labour Party (PL) have confirmed they will not be contesting the upcoming 2026 Maltese general election, signalling a major transition in Malta’s political landscape. According to the latest information, at least 11 MPs elected in 2022 will not seek re-election, reflecting…
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Did the Minister for Finance come to blows with the Prime Minister over Roderick Galdes? The timeline shows that it is likely
There’s a very interesting aspect about the story of Roderick Galdes and the saga of his extended corruption. Roderick Galdes has been accumulating an unusual amount of properties ever since he was a cabinet Minister but this accumulation increased ever since he was appointed Social Housing Minister in 2017. He was re-appointed in this post…
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BREAKING: Social Housing Minister Roderick Galdes resigns
Social Housing Minister Roderick Galdes has resigned from his post. In a letter to the Prime Minister who accepted his resignation, Minister Galdes said he would fight the allegations against him and his family, but is resigning so as not to tarnish the government’s work. Roderick Galdes accumulated a significant property portfolio while serving as…
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Jason Azzopardi quizzed by the Financial Crimes Investigations Department
Jason Azzopardi yesterday announced that he was quizzed by the Police’s Financial Crimes Investigations Department. The Police have re-opened an investigation about Social Housing Minister Roderick Galdes after new revelations about his property accumulation emerged in the press and by Jason Azzopardi. The Police had a case-file by the FIAU about the Social Housing Minister…
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Confirmed by The Maltese Herald: Police have re-opened Roderick Galdes’ FIAU file
The Maltese Herald has confirmed with Police sources that the Police have re-opened the FIAU’s file about Social Housing Minister Roderick Galdes. The file had been previously submitted to the Police as early as 2021 but the Police eventually shelved the case leading to no prosecutions. The Prime Minister has also confirmed that the Police…
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More complications and conflicts of interest: Excel Investment Holdings banks at Bank of Valletta
Further complicating the conflict of interest of the Chairperson of Bank of Valletta’s risk committee, Robert Suban, with his role as Audit committee and board member of Malita Investments, Excel Investments Holdings also banks with Bank of Valletta. Excel Investments Holdings is the parent company of Excel Housing, which won a €27.2 million tender from…
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Minister Roderick Galdes hides behind his family as his corruption is uncovered
Social Housing Minister Roderick Galdes is hiding behind “his family” after corruption revelations are finally catching up with him. Social Housing Minister Roderick Galdes has accumulated a significant property portfolio as Minister of Social Housing and is being accused of receiving properties as bribes. Like any other corrupt Labour Party politician, he has been hiding…
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Bank of Valletta yet in the middle of another government scandal
Bank of Valletta was extensively used by the Joseph Muscat administrations as a facilitator to the government’s corruption such as in the case of Steward Health Care in which Bank of Valletta gave a €36 million to Steward. Its previous Chief Risk Officer, Miguel Borg, was fired over the incident and he was subsequently awarded…
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A brief look at Malita Investments
The chart of the stock price of Malita Investments looks like a slow train-wreck in the process. Unsurprisingly, the board has notable supports of the Labour Party including the ex-Chief Risk Officer who approved of a €36 million loan to Steward Health Care Malta. Current works by Malita Investments have been stalled and the Social…
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I am corrupt because I am not a communist – Minister Roderick Galdes
It’s always communism to blame when a corrupt politician is accused of enriching themselves exponentially during the time they held public office. Social Housing Minister Roderick Galdes accumulated a significant property portfolio as a government Minister because he is a free-market aficionado and not a communist. However, he reiterated that the Labouer government is socialist…
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Jason Azzopardi publishes the apartment prices of the Gelmus Estate belying Minister Roderick Galdes
Jason Azzopardi has published a list of property prices that were sold of the Gelmus estate built by Joseph Portelli and his business partners, belying claims by Social Housing Minister Roderick Galdes that he bought the property at market price. Social Housing Minister said that he gave a deposit of €5,000 to the seller in…
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Opposition Leader Alex Borg calls on Social Housing Minister Roderick Galdes to resign
Opposition Leader Alex has held a press conference and demanded Social Housing Minister Roderick Galdes to resign. Failing to resign on his own volition, Nationalist Party Leader Alex Borg said that Roderick Galdes needs to be sacked by the Prime Minister. Alex Borg said that Roderick Galdes needs to resign over accusation of having backroom…