WWW.MALTATODAY.COM.MT
WEDNESDAY EDITION
€1.00
WEDNESDAY • 29 MARCH 2023 • ISSUE 837 • PUBLISHED EVERY WEDNESDAY AND SUNDAY
EDITORIAL • PAGE 11
PAGE 3
PAGE 5
Schembri's Midas touch:
'Mizzi wanted Panama
company just like me'
MATTHEW VELLA
THE eminence grise to the Muscat ad-
ministration, former chief of staff Keith
Schembri, made a rare public appear-
ance today at the parliamentary Public
Accounts Committee, where he testi-
fied on the €200 million contract to the
Electrogas consortium, on request of
the Opposition, which chairs the PAC.
The man who stood by the side of Jo-
seph Muscat in 2013 to clinch Labour's
election appeared burdened by his ad-
missions of ill-health, the lack of vitality
maybe apparent in the tone of his voice.
But the wan Keith Schembri was com-
bative on most of the question asked by
the Nationalist MPs.
Ryan Schembri
committed fraud
with €3.5 million
debt constitution,
court rules
MATTHEW AGIUS
A civil court has declared that the for-
mer boss of More Supermarkets, Ryan
Schembri, had fraudulently bound the
company with a €3.5m contract for
constitution of debt, at a time when he
no longer legally represented the super-
market chain.
Schembri, cousin to former OPM chief
of staff Keith Schembri, had fled the coun-
try in 2014 with a reported €40 million in
debts left behind from the More Super-
markets crash. He is believed to have bor-
rowed large sums of money from entre-
preneurs, before finding he was unable to
pay back the loans, originally intended for
an ambitious import-export operation.
Former supermarket
director used two
alleged lenders to bind
new owner with €3.5m
debt that did not exist
Former right-hand
man to Joseph
Muscat testifies in
public accounts
committee on his
Panama company
and role in
Electrogas selection
Keith Schembri