Tag: financial oversight


BOV leadership links to Malita Investments housing crisis

The leadership of Bank of Valletta is facing renewed public scrutiny after it emerged that both its chief executive officer and a key non-executive director have had long standing roles within Malita Investments, the state backed company at the centre of Malta’s ongoing social housing controversy. The situation has attracted attention due to reports that Malita Investments may receive substantial rescue financing from Bank of Valletta following severe cash flow problems that have delayed major public housing projects....

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