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News
December 14 2003
Libya to pay on departure of Fenech Adami protégé
Maltas
voice in the world, Voice of the Mediterranean (VOM) may close
next week, if it does not receive sufficient funds owed to it
by the Libyan government. But sources told MaltaToday that the
Libyans were willing to pay their share when Managing director
Richard Muscat leaves VOM radio. Mr Muscat who is seen as Fenech
Adamis protégé is reputed to have unmistakable
managerial skills. He has been accused of nepotism by giving a
company where his son works a Lm3,000 monthly contract to update
a website. A laughable sum dubbed as scandalous. Despite having
a major deficit VoM under Mr Muscat has changed all the company
cars costing the company Lm31,000 and has also sponsored a visiting
ship the Odyssee by the sum of Lm10,000.
Mr
Muscat a former Head of PNs Radio 101 and mostly remembered
for running TV station studio-master from Sicily before 1987,
is being credited as deepening VOMs black hole.
When Richard Muscat moved in as Managing Director of VOM in July
2000, the station had Lm216,492 in bank deposits and was owed
Lm853,699 in contributions from the Libyan government.
Today the Libyans owe VOM Lm980,699 and creditors are owed Lm144,403.
Richard Muscat whom the Libyans hope will take a permanent residency
in Ireland as Malta ambassador has said that he is being used
as a scapegoat.
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