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NEWS | Wednesday, 22 July 2009

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Eliza shareholder sentenced

Generoso Sammut, a 55-year-old shareholder in Eliza Company Ltd, was yesterday handed down a 27-month prison sentence, in connection with the theft of 15 paintings from Villa Fiorentina in Attard in 1999, among other offences.
Eliza Company Ltd is the same firm from which PN president Victor Scerri, who resigned abruptly late yesterday, had bought the plot of Bahrija land at the centre of the storm.
The plot was bought for €2.5 million from Salvatore Consoli-Palermo-Navarra. However, a court later ordered shareholder Norman Zammit to pay back Bank of Valletta a €1.9 million loan taken out to buy the land.
Together with Zammit, Generoso Sammut was accused of stealing paintings, furniture and other items from Villa Fiorentina between 4 and 7 September 1999. Zammit has since been acquitted for lack of evidence.

 


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