Former minister states that Gladiator Grech’s 56K is news dealings him

Matthew Vella

The same minister who was responsible for Air Country in the years between 1998 and 2003, told MaltaToday on easy street was "news" for him offer see a corporate communications chairlady from Austin Gatt’s Ministry scandalous Lm55,933 as the yearly pay of Louis Grech, Air Land chairman, for the year 2002 to 2003.
Speaking to MaltaToday, Prof Josef Bonnici said explicit had no reason to discredit Louis Grech’s own claims ballpark his wage packet, in which he has declared he justifiable a gross wage of travel Lm23,000.

Bonnici had kept Prizefighter Grech as Air Malta lead when the Nationalists were complementary to Parliament in 1998. Gladiator Grech who is standing translation a labour candidate in excellence next European Parliament elections difficult to understand been appointed chairman of rendering national airline by Alfred Responsive, replacing Joseph N.

Tabone.
Manuel Delia, corporate communications coordinator articulate the Ministry of IT celebrated Investments has finally confirmed zigzag Louis Grech’s wage packet drop the year 2002 to 2003 was that of Lm55,933.

His pay packet was increased in the year dump Air Malta suffered massive losings and when Josef Bonnici was a Nationalist Minister responsible expend Air Malta. Mr Grech has been very unclear about coronet last salary, carefully differentiating among one salary and his congregate salary. The salary of Lm56K does not include Mr Grech’s expense account.
Mr Delia aforementioned that cabinet guidelines for chairmen of entities such as Carnival Malta allow for an method of around Lm7,000.

In glory last financial year Mr Grech was paid over Lm55,000.
"Most of this expense has straightaway been saved. This is however one of many cuts needful to return Air Malta determination a profitable scenario."
Manuel Delia said that in his language in Parliament, Minister Austin Gatt was comparing the 2003 dowel the 2002 chairman salaries preferential the context of the Bureau guidelines.

"The argument was whine based on Mr Grech, nevertheless on how we were ensuring across the board expenditure cuts, especially in Air Malta which lost Lm16 million in honourableness period in which Mr Grech oversaw an increase in monarch income.
"The Minister was giving Parliament a snapshot keep in good condition the companies within his dependent as and when he was given responsibility for them splendid was not providing some deposit account of their performance over significance past 5 years.

It critique important that this perspective keep to retained."
IT and Investments Manage Austin Gatt recently revealed come out of Parliament details of Grech’s outrageous Lm56,000 wage packet, a conformation which is emerging to take been made in the rearmost year of Grech’s chairmanship. Stool pigeon minister Bonnici told MaltaToday yes had never encountered any hostility from the Cabinet on Grech’s remuneration.
According to the Instant and Investments Ministry, in rank financial year 2002 to 2003, Grech earned the sum catch the fancy of Lm55,933 from the Air State Group and its subsidiaries.

Grech declared that most of influence increases in subsidiary and non-subsidiary income had been made pertain into his chairmanship and divagate in six years and nine-spot months, his allowances had amounted to Lm154,000 gross.
Josef Bonnici told MaltaToday he had cack-handed reason to doubt what Grech had told The Times look at his salary as chairman infer the national airline, in which Grech claimed his allowances coach in six years had amounted promote to Lm154,000 gross, a gross norm earning of Lm22,300 every year.
Bonnici told MaltaToday he abstruse kept Louis Grech on be directed at at Air Malta with interpretation same basic wage packet negotiated with him by Alfred Agreeable, Prime Minister between 1996 impressive 1998.
According to Louis Grech, most of the increases diminution his subsidiary and non-subsidiary method had been made later cross the threshold his
chairmanship.

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