The Opposition has requested Parliament’s Public Accounts Committee to investigate the alleged misuse of public funds by the Malta Financial Services Authority that were recently revealed in the media.
Opposition Leader Adrian Delia, joined by Nationalist Party spokespeople Mario de Marco and Kristy Debono today wrote to the PAC chairman requesting the Committee looks into two recent media reports concerning golden handshakes given to MFSA officials.
In the first case, the PN said this evening, a golden handshake was allegedly given to a high ranking employee just a few weeks before he was re-employed by another public agency whose functions had previously fallen under the remit of the MFSA itself.
“This raises serious questions about the use of public funds and good management, more so considering that the same officer was involved in creating the conditions which he himself had benefitted from,” the PN said in a statement.
The second case in the PN’s crosshairs had led an MFSA governor, also a Labour Party veteran politician, to present a judicial protest against the MFSA’s Chief Executive Officer Joseph Cuschieri over an alleged abuse of public funds, which, it said, which the governor claims is tantamount to a criminal offence.
The Opposition said it “condemns the way the MFSA making use of public funds in a manner contrary to the principles of good governance. Accountability requires that political responsibility for this abuse is shouldered”.
