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Directors stashed thousands away as company collapsed

Julian Manduca, Kurt
Sansone, Matthew Vella reporting

It may have been conveniently forgotten. Today MaltaToday reveals a Court declaration by auditors PricewaterhouseCoopers which depicts how the owners of now-defunct supermarket chain Price Club managed to usurp massive funds from a company destined to face bankruptcy, diverting the funds into their own personal channels. Though the declaration is public none of the media have cared to report the contents of this damning report....


Minister defends Lm235,000 splash
At a time when Christmas parties are considered a lavish affair, a Lm235,000 budget for the May 1 festivities to mark the entry of Malta into the European Union was defended by Culture minister Jesmond Mugliett.

Minister of foreign affairs - odds in favour of the only likely candidate


Internet mobile phones are the new frontier for child porn

Trial by jury
Zambi testimony is serendipity for Meinrad Calleja defence

The National Bank Scandal - Part 7
T he National Bank – the skeleton in the Bank of Valletta’s closet

Call for Ghallis to be accepted instead of temple landfills

Disgraced police commissioner’s right hand man is secret service head


A person not a role player
For three years Alfred Sant has avoided MaltaToday, in his first interview with this Sunday newspaper, the former Prime minister talks to Kurt Sansone about EU membership, redundancies, the June elections and his leadership


Notice me! Notice me!
At a relatively young age Kevin Drake is one of the icons of Maltese theatre. Equally at home with comic and dramatic roles he has graced our stages since his school days. Witty and extroverted, and unlike others in the theatre scene, Drake speaks his mind about what he feels could improve Maltese theatre.


It’s all about being competitive
The number of jobless has become a burning issue. The level of unemployment is a major source of concern carrying serious economic and social implications. The issue must be tackled head on...


Ghas-serhan tal-mohh
Pantomime, no worries no need to wait for an MADC production, Saviour Balzan explains why


FOI calls for drastic measures to bolster eroding competitiveness

Cruise liner tourism seriously threatened by EU tax protocol

BOV phone, internet banking services hit 1.5m transaction mark


Detainees are well looked after - police

What way out?

Were the spoonbills killed?


Tony Formosa's world of sports
Transfer bungs confirm ‘football’ crisis
Football’s limited movements during the current transfer window depicts the clubs’ severe financial crisis...



Roger Degiorgio is Managing Director at MaltaToday
Dr Roger Degiorgio will be the new Managing Director and co-owner of Newsworks Ltd as from tomorrow. Newsworks Ltd is the new media house responsible for various media including the Sunday newspaper MaltaToday, the weekly financial newspaper The Malta Financial & Business Times and TV reportage. Dr Degiorgio’s involvement as co-owner of the two prestigious publications comes after a period of positive growth for the young media house.
Dr Degiorgio’s involvement with the media goes back twenty years. He was responsible for the running of the newspaper In-Nazzjon Taghna and instrumental in setting up the TV station NET TV. Recently he also served as managing director of Standard Publications, publisher of The Malta Independent and The Malta Business Weekly. Dr Degiorgio also has an interest in the entertainment business.
Commenting on Dr Degiorgio’s business involvement with the company, Mr Saviour Balzan co-owner and Managing Editor at Newsworks Ltd said: "This latest development augurs well for Newsworks Ltd. Dr Degiorgio brings with him years of experience and a dynamism that is essential in the changing world of media. Our operations, but most especially those at MaltaToday will have much to gain from Dr Degiorgio’s personal involvement, this is a splendid way to kick off into a new year after a tough, but successful year for us."

MaltaToday - Malta’s fastest growing newspaper
Readership of MaltaToday grew by a staggering 152 percent in under twelve months. This is the conclusion of a survey carried out by ‘Informa’ consultants. The survey confirms that MaltaToday is the fastest growing newspaper on the island with 4.3 percent of the newspaper market share compared to the 6.4 percent of it’s main rival, The Malta Independent on Sunday.
MaltaToday stood at 1.7 percent a year ago. The survey was carried out after the elections. MaltaToday’s increased readership is reflected in this newspaper’s sales records which have shot up during the last year. The Malta Independent on Sunday dropped by 6 percent during the same period.

Business Times


Newsworks Ltd, Vjal ir-Rihan, San Gwann SGN 02, Malta