Prime Minister Joseph Muscat insists that his credibility on the allegations surrounding him and his wife remain in tact since he immediately ordered an independent magisterial inquiry. 

Journalist Daphne Caruana Galizia has claimed that that the mysterious Egrant company set up in Panama is or was owned by the Prime Minister's wife Michelle Muscat. The allegations read that the declarations of trust containing this information were kept at Pilatus Bank, which allegedly also holds an account for Egrant.

The Prime Minister believes that the crucial point is that a person who is alleging that he holds an undeclared bank account in Malta and abroad, does not want to provide their account to said inquiry. 

 Mrs Caruana Galizia refuses to give testimony to a magisterial inquiry, believing it to be a "sham".

Dr Muscat was responding a question by The Malta Independent which asked whether or not he would be considered more credible by the public if he had taken action in February 2016 when it was revealed that his Chief of Staff Keith Schembri and Minister without Portfolio Konrad Mizzi held accounts in Panama. 

While the Prime Minister insists that he took action immediately, others hold that this is not the case.

Police Commissioner Lawrence Cutajar's decision to attend at a fenkata on Thursday night, rather than immediately launch an investigation into the claims has only fuelled doubt among the public.