Friday, February 24, 2023

COURT DECISION ANNULLING PRIVATISATION OF MALTA'S HOSPITALS, AMIDST MASSIVE CORRUPTION ALLEGATIONS, WITH FCPA VIOLATIONS, INCRIMINATING FORMER PM, RESULTS IN WIDESPREAD CALLS FOR INDICTMENTS

Joseph Muscat, looking more and more tired and stressed


A Maltese judge today annulled the contract privatising three hospitals, holding the the transaction was fraudulent, and ordering that they are to be returned to government ownership and control. The Court, in a 140-page ruling, in a case brought by a former Opposition party leader, voided the largest public contract in Maltese history, leading to immediate demands that a number of government leaders who arranged what amounted to a fraudulent deal be promptly indicted. Public outrage boiled over today outside the courtroom, seeking immediate redress against those deemed responsible.


Central to the decision was the involvement of former PM, Joseph Muscat, and two other senior government officials, Christian Cardona and Konrad Mizzi. We have previously discussed allegations of their receipt of substantial bribes, and Foreign Corrupt Practises Act (FCPA) violations of the American businessmen who supplied them. See "WHEN WILL THE UNITED STATES CRIMINAL JUSTICE SYSTEM TAKE DOWN JOSEPH MUSCAT AND THE MALTA MONEY LAUNDERING MACHINE", and our other articles, beginning in 2018. We were the first to discuss and analyze the issue, in depth, and we trust that Mr. Muscat starts believing what we are writing now.

Our sources advise that a US law enforcement agency, which has been investigating the allegations, has been awaiting the outcome of this case, before proceeding further towards a criminal prosecution. The current American policy of zero tolerance to FCPA violations tells us we probably won't have long to wait.

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