الوسم: BOV
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Miguel Borg of Bank of Valletta resigns
The corrupt banker who approved the bizarre loan of €36 million to Stewards, Miguel Borg has resigned. Miguel Borg had also sent his reply to me via his personal lawyers. There is something very obvious which I didn’t make it clear in my reporting on Miguel Borg’s role as Chief Risk Officer at BOV and…
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BOV Chairman on the €36 million Stewards loan: no comment
So, the Labour appointee and Bank of Valletta Chairman Gordon Cordina has no comment to make on BOV’s $36 million loan to Steward. I have sent a number of questions to Gordon Cordina to which he simply replied by saying that the bank can’t discuss the details of private clients. This is the first stint…
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Digging a deeper hole (Miguel Borg Replies)
The corrupt banker at Bank of Valletta, Chief Risk Officer Miguel Borg has sent his reply to my story about him via the bank’s corporate communications desk. However, strangely enough, the reply was signed by the personal lawyer of Miguel Borg and not the bank’s lawyers who are Camilleri Preziosi. Miguel Borg’s lawyer is Stephen…
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Who knew? Maltese run equity funds underperform badly
So, after having looked at Maltese government bonds, I decided to take a quick look at what’s available in the local market in terms of funds. Maltese government bonds are usually oversubscribed and local investors love them, so I checked whether Malta has some locally owned hedge funds or mutual funds. And boy, what a…