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Finance Minister Tonio Fenech appoints his former personal assistant Alan Caruana as his new consultant.
2 July 2012, 12:00am
Alan Caruana wasFenech's former personal assistant and a former head of secretariat within the ministry.
Caruana reportedly resigned from these roles just a few days before Tonio Fenech appointed him as his consultant. Caruana's contract kicked off on 13 June, 2012.
The newspaper reports that while Caruana's annual salary amounted to €38,556, he enjoys an extra €28,917 in the form of a resettlement bonus, an allowance and to cover car expenses.
Sources who spoke to Illum said that Caruana, who also sits on the board of governors of the financial services promoters FinanceMalta, might have been eyeing the post of chairman of Mimcol, government's investment arm, and was appointed to the role of consultant to make up for the lost opportunity.
Fitch affirms Malta’s ‘A’ rating, stable out...
Star Trek‘s Mr Spock, Leonard Nimoy, dies aged 8...
Business News Fitch affirms Malta’s ‘A’ rating, stable outlooks