The Malta Independent 9 May 2024, Thursday
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Charles Farrugia will need to pay €40,000 in tax after declaring earnings from Mdina property deal

Tuesday, 13 July 2021, 19:59 Last update: about 4 years ago

Charles Farrugia will need to pay nearly €40,000 according to an amended income tax return for the year 2019 after declaring the earnings from the Mdina property deal.

On Tuesday afternoon, Speaker Anglu Farrugia said, during a Standards Committee meeting, that he received the documentation from Charles Farrugia, regarding the amended income tax return for 2019. The committee is looking into a report by Standards Commissioner George Hyzler that found PL MP Rosianne Cutajar to be in breach of ethics over her role in the deal.

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Reports surfaced a few months ago that Rosianne Cutajar and one of her political aides (Charles Farrugia) allegedly received around €46,000 each in brokerage fees for the sale of a €3.1 million Mdina property to Yorgen Fenech.

Charles Farrugia had sent a letter over the weekend to Speaker Anglu Farrugia, saying that the money he received was an "ex gratia" payment for introducing the seller, Joseph Camilleri, and the buyer, Yorgen Fenech. He claimed in the letter that Cutajar did not benefit from any of these payments to him. An ex-gratia payment is a voluntary payment made by someone who is not contractually obliged to do so.

However, Speaker Anglu Farrugia on Tuesday said that he wants the Standards committee to keep looking into this case.

The return by Charles Farrugia shows that he did not declare €120,000 he had received from the property deal and now owes €39,619 in tax for 2019. It is unclear whether the amount has yet been paid.


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