Have you read the latest articles that appeared in various newspapers such as the "Times of Malta" and the "Malta Today" April-May 2012 ..... National Bank of Malta Saga continued, click here for more.

This has gone too far, and I ask once again why all these deferred court sittings ? Yes, yet another deferred court sitting, this time (and no surprise to most of us) another 6 months !  

Next court sitting: 27th September 2012 at 10am.

There was another postponement of the 12th January 2012, and the prior sitting was on the 24th November and previous to that, 29th September 2011. (and of 17th February 2011 which was already deferred to the 24th May 2011 and yet again the 17th April was also deferred). 

Justice delayed, Justice denied !

Previous sittings: The court sitting , that was to be put off for Judgement (10th November 2010 - V. Curmi vs. Prime Minister (case 389/92jrm) and P.Attard Montalto vs. Prime Minister (case 390/92jrm) has now been put off till the 17th February 2011, in order that he could passs judgement on the other case which was supposedly "Time barred" P.Cassar Torregiani et vs.Prime Minister (case 282/1977jrm). This case which is to be held on the 2nd December 2010, where our legal team will argue against the attorney general's allegation, which case is supposedly "Time barred" is unfounded at law.

In 1975 a number of shareholders had effectively broken the prescription period by a judicial protest, which is very good news for our compensation claim.

Out of court attempt to reach a reasonable and fair out of court settlement failed, the date of this meeting was held on the 4th June 2010, together with Louis Apap Bologna and George Schlivaniotis for the NBM who met with Tonio Fenech MP and Robert Arrigo MP. 

Controversy blocks publication of Bank of Valletta history see more....


Reuters in contact with various local businessmen regarding the latest news relating to the Bank of Valletta plc developments and news of Government compensation. 

 An old Native Indian saying: Whatever is taken from you, shall one day come back to you.

The objective is to create an awareness of the facts that led to the scandalous takeover of the National Bank of Malta in early 1974. This web site intends to put pressure on the Government and to expose facts that were previously left unnoticed and wrongly perceived by the general public. It is our intention that anybody wishing for more information or wanting to make any form of contribution can do so through this medium. see more

The Bank's history can be traced back to 1809 with the setting up of the Anglo Maltese Bank. In 1812 the Banco di Malta and B. Tagliaferro & Figli were established. Joseph Scicluna et fils - forerunner of Scicluna's Bank was established in 1830. In 1946 the Anglo Maltese Bank and Banco di Malta merged to form the National Bank of Malta. see more

In 1949 Sciclunas Bank became affiliated to the National Bank to form the National Bank of Malta Group, in 1969 B.Tagliaferro and Sons became part of the Group. On a very dark day in history, 1974 saw the Bank of Valletta take over The National Bank Of Malta Assets. And from a 'Loss', re-opened for business one month later, registering almost Lm1Million in profits only 9 months later, Lm43 million in Assets of the National Bank of Malta (NBOM) and 27 Branches in Malta and Gozo.

1973 National Bank Group faces a run on the bank, spurred on by the Government scaremongering. The Central Bank refuses to act as a lender of last resort and blocks Barclays and other banks from supporting the Group. see more.....

1974 The Maltese Government establishes Bank of Valletta (BV) to take over the business of the National Bank of Malta. BV sells 9.6% of its shares to the Maltese public.

You can contact Marcus Marshall 9949 0360
Edward Attard Montalto 7945 7625 
Steve Sant Fournier on 9944 2756
Conrad Cassar Torregiani 9943 2875
with any of your queries.
You may also e-mail burlington@onvol.net or below, 
or send any correspondence to 62, Republic Str, Valleta VLT 1117.