Busuttil asks who determined Enemalta share price for China sale

Opposition leader Simon Busuttil asked this evening who had determined the share price used by the government to sell a 20 per cent stake of Enemalta to a Chinese state-owned company. Speaking in Balzan, Dr Busuttil said the government's decision to partially privatise Enemalta was contrary to Labour's pre-election promises and the government had a lot of questions to answer. With foreigners also responsible for the new gas-powered power station, more than half of Malta's energy generation would be in overseas hands, he said. He asked whether it was in the country's strategic interest to sell part of Enemalta and whether this would mean another country would determine Malta's energy generation. Furthermore, what would China be getting in return for its stake? Why had no call for expressions of interest been issued before a stake in Enemalta was sold? Replying to a question on the situation of out-of-stock medicines, Dr Busuttil said he never expected the new Labour government to solve the out-of-stock medicines situation in just six months, but the least he would have expected was for the government not to make the situation worse.  The political meeting, which was organised as...