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Malta gov't wins no-confidence vote linked to Panama Papers

  (Associated Press)
Valletta
Tue, April 19, 2016

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Malta gov't wins no-confidence vote linked to Panama Papers Panama's Deputy Foreign Minister Luis Hincapie, top center, announces that President Juan Carlos Varela will meet with various foreign ambassadors and will address the nation later in the day in Panama City, on April 6. Millions of confidential documents were leaked from a Panama-based law firm, coined the "panama papers," revealing details of how some of the globe's richest people funnel their assets into secretive shell companies set up here and in other lightly regulated jurisdictions. (Associated Press/Arnulfo Franco)

M

alta's government has survived a no-confidence motion filed by the opposition Nationalist Party after it was revealed that the health and energy minister has a company in Panama.

A 13-hour session on Monday concluded with a 38-31 vote to defeat the measure.

Minister Konrad Mizzi, also the ruling Labour Party's deputy leader, has admitted to having a company in Panama that is held by a trust in New Zealand.

He has commissioned an independent tax audit to prove he has done nothing wrong, and has said that the company will be closed after the tax investigation is concluded.

Before the vote, opposition leader Simon Busuttil said the prime minister was "in denial." Prime Minister Joseph Muscat said the government had committed mistakes, but its achievements outnumbered its errors by far. (ags)

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