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Cardona forgets to declare honoraria

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Economy Minister Chris Cardona. Photo: Paul Spiteri Lucas

Economy Minister Chris Cardona earned €43,559 last year, not €23,430 as stated in his declaration submitted by the Prime Minister in Parliament on Wednesday. A spokesman for Dr Cardona admitted his boss had forgotten to include €20,129 – the whole of his honoraria for being an MP – when declaring his annual income for 2012. “The minister is aware that the provided declaration does not include the honoraria received in 2012,” he said. “He has taken immediate action by requesting that the necessary amendments be made to the said declaration so that it will reflect accurately the income he received in 2012.” In his original declaration, Dr Cardona declared a total income of €23,430 for last year. However, the issue was immediately clarified by the minister as the amount declared was only his income from his profession. At the same time, Dr Cardona’s declaration states that by the end of 2012 he had €60,000 in bank deposits. The figure is €15,000 more than the declaration he made for the same year as an MP where he declared a total of €45,000 in deposits: €35,000 in two accounts at BOV and €10,000 at Banif Bank. At the same time, Dr Cardona declared that he is servicing an...

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