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WEDNESDAY • 21 JUNE 2023 • ISSUE 849 • PUBLISHED EVERY WEDNESDAY AND SUNDAY
EDITORIAL • PAGE 11
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Muscat plays home in strong
defence of Electrogas contract
Satabank used
for alleged $10
million bribe to
US President's
son Hunter
Energy
support
equal to
half of
Malta's
subsidy
spend
Former prime
minister unfazed in
two-hour questioning
in Public Accounts
Committee over
Labour's key policy
plank
MATTHEW VELLA
FORMER Labour prime min-
ister Joseph Muscat mounted
a convincing defence of his
government's key policy plank,
the switch-over to gas and a
25% cut in energy prices, in a
grilling by MPs in the public
accounts committee over the
NAO's report on the Electro-
gas contract.
Muscat started off the
session with a 40-minute,
pre-emptive riposte on var-
ious questions raised with
previous witnesses, denying
any suggestion that Labour
had engineered the €200 mil-
lion gas plant contract to go
the way of Electrogas, whose
shareholder included Yorgen
Fenech, the Tumas magnate
accused of masterminding
the assassination of journalist
Daphne Caruana Galizia.
Muscat told MPs it was evi-
dent that Maltese voters were
extremely sensitive to energy
prices, saying both Labour in
1998 and the Nationalists in
2013 lost power on the back
of energy hikes.
Joseph Muscat addressing the Public Accounts Committee
JAMES DEBONO
SUBSIDIES will peak at 12.3% of
government expenditure this year
with almost half being directed
towards the energy sector, a Cen-
tral Bank of Malta analysis shows.
