The Malta Independent 30 May 2020, Saturday

Adrian Delia declares he has no money, PM has over €500,000 in the bank

Tuesday, 5 May 2020, 10:42 Last update: about 24 days ago

Opposition leader Adrian Delia declared he has no money to his name while Prime Minister Robert Abela says he has more than €500,000 in the bank, according to declarations filed in Parliament.

In his latest declaration for 2019, Delia said he has zero bank balances, while dealing with outstanding loans of €626,000.

He also declared joint ownership in several properties with his estranged wife, as well as shares in Mġarr Development Limited, an indebted property venture, according to a report in The Times.

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Former PM Joseph Muscat had always declared a bank balance of €75,000 while in office as head of government for six years. This time, after relinquishing the post, Muscat reported a reduction of €10,000.

Abela declared cash balances of over €500,000. He is also the owner of an apartment and garage in Marsascala and holds shares in Xewkija and Żejtun properties. 

Deputy Prime Minister Chris Fearne declared cash balances of €242,000, including those held in a joint account as well as his wife’s own bank balance.

Fearne also declared investments worth over €300,000.

Former minister Konrad Mizzi says he has €231,000 in the bank.

 

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