Legal firm told Enemalta to settle claims with BWSC

Enemalta was given unequivocal legal advice to settle its differences with Danish power company BWSC, The Sunday Times of Malta has learnt. Legal firm Camilleri Preziosi told the State-owned company that its interests would be best served by settling on the terms announced earlier this week which saw both companies withdrawing their claims, according to Government sources. Meanwhile, auditing company RSM Malta told Enemalta that it would not be beneficial to push for arbitration and it “may be better” to seek some form of negotiated settlement, according to documents seen by this newspaper. The decision to settle the various claims was taken by Enemalta’s board and sources confirmed that the Government did not feel the need to seek the advice of the Attorney General on the matter. The settlement is expected to be tabled in Parliament in the coming days, sources said. Energy Minister Konrad Mizzi came under fire earlier this week in Parliament where former Finance Minister Tonio Fenech accused him of giving up Malta’s claims too easily. When contacted, Mr Fenech said the information he was given when he was still minister was that Enemalta’s position was “very strong compared with...