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Fenech says Joseph Muscat worked with Joe Cordina in financial services

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Finance Minister Tonio Fenech said this afternoon that Joseph Muscat needed to explain the activities of Joe Cordina, the PL's financial administrator, in connection with the oil procurement scandal. He said that Mr Cordina was handpicked for his post in the PL by Dr Muscat. He was also one of the three directors of Intershore Ltd, the fiduciary company that was the sole shareholder and administrator of Aikon Ltd, the company in the scandal of alleged illegal oil procurement commissions.  Mr Fenech noted that Mr Cordina was appointed financial administrator of the Labour Party in 2009 after he was hand-picked by Dr Muscat. But where did Dr Muscat know Mr Cordina before that date? Had he had business with Mr Cordina? Did he share an office with Mr Cordina? Had Dr Muscat, with Joe Cordina, given advice to people who wished to invest their money abroad? His information, Mr Fenech said, was that Dr Muscat and Mr Cordina used to work together in financial services. The minister reiterated criticism made yesterday of Labour MPs Manuel Mallia and David Farrugia Sacco, saying their press conference this morning confirmed their links to the oil procurement scandal. Dr Mallia had confirmed...

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