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Tag: Vitals Global Healthcard

Malta’s Deputy Prime Minister Resigns Amidst EU Commission Nomination Withdrawal Following Hospital Corruption Charges

Corruption tamir -
In a spectacular political shakeup in Malta, Deputy Prime Minister Chris Fearne resigned and requested the withdrawal of his nomination to the EU Commission after being implicated in the latest corruption scandal involving the privatization of Maltese Vitals hospitals. This adds another layer to the ongoing investigation into a corruption case that has already ensnared several high-profile figures, including former Prime Minister Joseph Muscat.

Worthwhile Read: The OCCRP Report On The Maltese Healthcare Corruption Affair!

Corruption tamir -
FinTelegram brought the Maltese scandal surrounding the privatization of three hospitals and Vitals Global Healthcare (VGH) in early March 2023. Now OCCRP has picked up the story, reporting on the misuse of millions and the personal enrichment of the people behind VGH, including its former CEO, Sri Ram Tumuluri. Funds were also funneled to Joseph Muscat, the former Prime Minister of Malta. The Maltese corruption seems to know hardly borders.

Seriously? State-Controlled Bank Of Valletta Co-Financed Malta’s €4 Billion Privatization Fraud!

Corruption Mark Lagarde -
The €4-billion privatization deal was the largest a Maltese government ever struck with the private sector. It ended before the courts. A Maltese judge rescinded the deal after finding it fraudulent throughout. The original concession for running three hospitals was given to Vitals Global Healthcare, which sold it to Steward Health Care. The Medical Association of Malta (MUM) has warned about the fraudulent deal signed in 2015 and co-financed by the state-controlled Bank of Valetta.

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