Issue link: https://maltatoday.uberflip.com/i/1266179
TRUTH IS OF NO COLOUR WWW.MALTATODAY.COM.MT/COVID19 Sharpening his teeth The MFSA boss on the need for a revamp of the jurisdiction INTERVIEW MT2 maltatoday SUNDAY • 5 JULY 2020 • ISSUE 1079 • PUBLISHED EVERY WEDNESDAY AND SUNDAY PAGE 3 ARTS UNDER COVID-19 Toni Attard's warning on Malta's struggling scene MT2 €1.95 Police were told Fenech had dirt on Macbridge 'Malta And China Bridge' is secret conduit for moneys from government-financed projects SAVIOUR BALZAN THE secret offshore company Macbridge was acting as another conduit for moneys from government-financed projects, the Tumas magnate Yorgen Fenech told po- lice when arrested in November 2019. Fenech, accused of being the master- mind in the Caruana Galizia assassina- tion, told police he was ready to reveal details of the mysterious Macbridge company, which along with his own 17 Black, was to serve as the "main target clients" from whom banks could expect payments to flow into Keith Schembri's and Konrad Mizzi's secret Panama com- panies Tillgate and Hearn- ville. Ready for business: the Muscat administration's deep ties to Chinese business interests, photographed here after the sale of a stake in Enemalta to Shanghai Power Electric, were revealed in the Egrant report by a proposal for a Malta-China company that would be controlled by a secret offshore company in the BVI. The mysterious Macbridge, police investigators believe, stands for 'Malta And China Bridge' MATTHEW VELLA STEWARD Healthcare founder and boss Ralph de la Torre locked horns with Prime Minister Robert Abela and health minister and dep- uty PM Chris Fearne over the future of the hospitals' pro- ject and an agreement signed with former minister Konrad Mizzi. The memorandum of un- derstanding preceded a con- tract that was renegotiated during 2019 by amongst oth- ers, former prime minister Joseph Muscat and Mizzi, but never formally signed because of the political crisis that saw Muscat resign. MaltaToday is informed that de la Torre was accom- panied by a representative of the United States embassy in talks with Abela and Fearne. Abela, Steward lock horns over agreement brokered with Muscat, Mizzi PAGE 3 Why teachers are quitting their jobs PAGES 14-15 Malta's secret crisis