maltatoday the cabinet ‘rich-list’content.maltatoday.com.mt/ui/files/cabinet rich-list...
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Property Naxxar, Hamrun, St Julian’s (all 50%), Birzebbugia (25%), grave Investments
[all unquantified]
UBS Luxembourg Equity Fund, UBS Strategy Fund, UBS Money Market Fund, UBS Equity Fund USD Deposits BOV €9,454, HSBC €10,354Income in 2014 €58,152
Property Zabbar,Birkirkara, Madliena, Kiev (Ukraine), land in BristolInvestments 25% Sapmac Co. Ltd, Spouse’s shares
in Kiev companies, Raifissen Bank Ukraine,
LES Cosulting Consortium, Ukraine
Deposits €84,000, Spouse’s €115,00, $412,000Income for 2014 Ministerial salary €58,665, Rental income €14,400
Loans €445,219
Property Qormi, Luqa, Xaghra, Middlesex (UK) Deposits HSBC €26,390; HSBC UK £621Income in 2014 Ministerial salary €56,605Loans HSBC €146,956, personal loan €8,234, Maxi-credit €12,857
Property Marsaskala, Zejtun, Valletta (all 50%)Deposits €2,000 Income in 2014 Ministerial salary €58,152, legal income €5,349, forgone university income for law lecturesLoans €78,181
The Cabinet ‘rich-list’Property
NaxxarInvestments
Applied Economics Consulting Ltd - 1,000 shares; CWG plc 20,000 sahres (through
AEC), €327,000 government bondsDeposits€488,000
Income in 2014Ministerial salary €59,022, Lecturing
emoluments €8,437, Dividends, interest, pensions €121,051
Edward Scicluna
€1,003,510 €738,364
Joseph Muscat
PropertyBurmarrad family homeDeposits€75,000Income in 2014€64,847
PRIME MINISTER
€139,844Property
Lija, Birkirkara, Nadur, and Valletta legal office
InvestmentsBOV plc 3,358 shares, Govt
stocks €45,000Deposits €115,000
Income for 2014Ministerial salary €58,152,
rental income €9,167
Loans HSBC €121,000
€179,042
Edward Zammit Lewis
PropertyMarsascala, ZabbarInvestments99% Pada Buildings, 50% Elcar Developments, 50% PR Co Ltd, 33% Blacktop Ltd; 50%, 71 Strait Street Co. Ltd, 33% Parklands Ltd; 50% Carters Supermarkets; 33% Tadar; 100% Pada Shipping Ltd, [in liquidation] 50% CJP Tarmac and PD ConstructionDepositsHSBC current €8,518, fixed €477, BOV current €731, savings €440, fixed €6,873Income for 2014Ministerial salary €58,666, University income €5,502
€81,207
Helena Dalli
€639,065
Chris Cardona
PropertySt Julian’s
InvestmentsMSV Single Premium
€9,000, MSV Bond €30,557, BOV bonds
€6,500, MGS 2022 €9,551, MGS 2020 €8,000,
Tumas bonds €7,500, Farsons €800, BOV 2019
bonds €6,500, HSBC bonds €5,200, Spouse’s MSE stocks
€15,359Deposits BOV €24,922, Spouse’s
BOV account €24,549 Visa debit €11,741Income for 2014 Ministerial salary €58,665,
Pensions, €29,413
LeoBrincat
€218,375
Ministerial declarations quantified according to bank deposits, shares on the MSE, spousal declarations. Loan debts are not included in overall ‘worth’ since value of immovable property is never quantified.
PropertySliema, St Paul’s Bay, Mosta, Valletta, Lija, ZejtunInvestments
Nominee portfolio €583.77Deposits
HSBC €174,000, Banif €125,000; Spouse’s HSBC a/c €6,000 & HSBC foreign $9,000Income for 2014Ministerial salary €61,990, bank interest €9,730, rental income €3,000
€388,303
José Herrera
Konrad Mizzi
PropertySliema apartment, London (UK) houseInvestmentsMIA 4,000 sharesDeposits€310,279Income for 2014€76,000
€399,679
Loans€329,816
€65,501
MichaelFalzon
PropertyIklin, Bahrija landInvestmentsMiddlesea 4,000 shares, BOV 7,146 sharesDepositsBOV accounts GBP98,547, €18,505, €390,000 (inc. €260,000 BOV early retirement), €78,217Income for 2014Ministerial salary €53,966, BOV €39,695
Loans €21,776
Property Apartment and office Dingli, office in Rabat, other property to be converted into residential unit, agricultural parcel of landDeposits BOV €14,000Income in 2014 €56,605Loan €223,439€70,695
€83,865
Property St Julian’s, Valletta Investments D’Aniens Developments Ltd 24,900 shares Deposits €55,005Income in 2014 Ministerial salary €56,605Loan HSBC €82,900, o/d €6,651, BOV o/d €494
€111,610
Property San LawrenzDeposits Joint a/c €66,042Income in 2014Ministerial salary, MPs’honorarium €47,750, Legal income €7,621
Loans Home €62,196
€121,413
PropertyTarxien home, garage, land at Bir id-Deheb
InvestmentsIsland Hotels €9,300, Eagle Star €9,000,
Govt stocks €51,247, BOV Lifelink €29,590, HSBC bonds €8,600, Eurobonds €188,250 and
£33,042Deposits
€133,837, £3,030Income in 2014
€88,000 [undefined]
Loans €3,600
€568,420Property
Swieqi and ZebbugInvestments
BOV 17,866 shares; MSV Life Flexplan €47,527; 1999 Ltd 500 shares; MSV Life single premium €82,831; Vilhena Bond Fund €103,520;
Middlesea Insurance 2,500 ordinary shares;
FEV Electronic Ltd 400 shares (dormant); BOV plc
12,720 subordinated bonds 2020Deposits Current accounts - €8,985, Savings - €57,448, Fixed deposits - €74,032, BOV fidda account - €20,000Income for 2012 MEP pension €12,070, Voluntary pension €17,453, Govt pension €12,342, Ministerial salary €58,666
€540,544
Louis Grech
€340,000
PropertyZejtun,
Marsakala, family grave
InvestmentsGovernment bonds
€198,117, Various bonds €127,201, RBS €22,000, BOV shares 3,301, Farsons shares 672 [and 6,314 belonging to spouse] and interes-free €65,000 loan to family memberDeposits €16,583Income for 2014 Ministerial salary €58,685, Contrib. pension €5,976, Treasury pension €29,495, Spouse’s rental income €5,149
George Vella
Property Kalkara (housing estate),
family grave Deposits HSBC o/d €7,000, HSBC
current a/c €9,901Income in 2014
Ministerial salary €58,665, Pension
€9,459
€85,026
Loans HSBC €35,710
Property Zejtun, Marsaskala (12%)Investments Spouse’s BOV shares 603, spouse’s Crystal Finance securities €21,860Deposits HSBC savings €13,572, fixed €1,443, Spouse €6,622Income in 2014Ministerial salary €61,188, HSBC employment €9,287Loans €20,923
€115,358
Anton Refalo
Property14 properties in Victoria, Gwardamangia, Marsalforn, Xlendi, Gharb, Zebbug, Xewkija, and QalaDepositsHSBC €3,949Income for 2014Ministerial salary €58,214, Spouse’s salary €20,095, legal fees incoming €7,400, Rental incomes €13,000, property sale €23,300
Loans €781,200 paid at €2,250 monthly
€126,458
Property Residential home BormlaInvestments 50% Sunjoy Ltd
Deposits BOV €28,420, Banif €7,500,
BOV Visa €7,000, HSBC Visa €7,000Income in 2014 Ministerial salary €47,758, Marina Confectionary net profit €6,683
Loans HSBC o/d €6,000, car loan €4,421
Property Residential home acquired through loanDeposits APS €270, HSBC €3,005, current a/c €4,732Income in 2014 Ministerial salary €58,665, University of Malta €3,413, Bank interest €6
€70,091
CarmeloAbela
Chris Agius
€104,361
Justyne Caruana Stefan
Buontempo
Joe Mizzi
Roderick Galdes
Ian Borg
Evarist Bartolo
Michael Farrugia
? €77,960
Owen Bonnici
ChrisFearne