The Lands Authority has failed to recover more than €10 million in lease payments owed to the state, according to findings published by the National Audit Office. The scale of the outstanding arrears has raised serious concerns about governance oversight internal controls and the effectiveness of enforcement mechanisms within one of the country’s most strategically important public bodies....
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NEWS Malta
December 19, 2025
MMH bondholders face uncertainty over €15M bond repayment
Auditors have issued a stark warning over the financial position of the Mediterranean Maritime Hub (MMH), raising serious concerns about the company’s ability to repay a €15 million bond that...
NEWS Malta
December 18, 2025
Museum extension at St John’s Co-Cathedral under scrutiny
A long delayed extension project at St John’s Co-Cathedral has encountered a further obstacle after a high value public tender was formally challenged before Malta’s Public Contracts Review Board. The...
NEWS Malta
December 6, 2025
Malita Investments seeks funding as housing projects stall
Malta’s state-backed property investment vehicle, Malita Investments plc, is facing an unprecedented financial and governance setback. The publicly listed company, which has traditionally been tasked with supporting major national development...