Government, shareholders expected to appeal National Bank Court decision
A court ruling to grant €111 million in compensation to National Bank shareholders has stirred discontent among both the government and numerous shareholders. Both parties are planning to file appeals, aiming to contest the decision. Government insiders revealed intentions to submit an appeal in the coming days, aiming to meet the April 15 deadline. Shareholders expressed mixed feelings about the judgment. While acknowledging it as a positive step, they perceive it falls short of delivering the justice they seek. They indicate a likelihood of lodging their own appeals and express a determination to escalate the matter to the European Court of Human Rights for a fair adjudication. (Times of Malta)
Maritime fines allegedly waived in new scandal rocking TM – reports
High-ranking officials from Transport Malta are reportedly involved in a corruption scheme where they purportedly waive maritime fines in exchange for money from boat operators. Multiple sources within the transport authority, who requested anonymity to discuss internal affairs, informed MaltaToday that at least three individuals within the Maritime Enforcement Unit (MEU) are suspected of manipulating maritime fines. According to the sources, there has been pressure on MEU staff to nullify specific fines issued to boaters for various maritime violations. (Maltatoday)
Malta, Estonia to collaborate on education
Malta and Estonia have signed a partnership in the education sector, aimed at facilitating closer cooperation between the educational bodies of both nations, enabling participation in international projects and the exchange of expertise across various domains. Matthew Vella, the Permanent Secretary in the Ministry of Education, highlighted that the agreement with the Estonian Educational Authority underscores a commitment to enhancing the advanced and tertiary education sector. (TVM)
