The Partit Demokratiku this morning called on Prime Minister Joseph Muscat to explain the purchase of Lombard Bank shares with the use of IIP funds without the shares being out up for sale on the Stock Exchange.
The request was made in a letter PD MPs Godfrey Farrugia and Marlene Farrugia sent to the Prime Minister. The asked him to explain via a ministerial statement on Tuesday, the first time Parliament will convene.
The PD said that there is concern about the way the transfer of shares was made without the knowledge of Parliament.
from The Malta Independent http://ift.tt/2FPnzW9
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