Adrian Delia reaches agreement to repay tax arrears

Nationalist Party leader Adrian Delia has confirmed that he has come to an agreement with the Inland Revenue Department (IRD) on a repayment programme for his tax arrears.

Last September, a day before party members voted him in as party leader, Delia published a statement of his affairs, showing assets amounting to €1.6 million and a “tax balance” of €51,924, with associated interests and charges amounting to €34,859.

In comments to MaltaToday, Delia said he had recently held a meeting with the department to flesh out a repayment plan over a period of time.

He said an agreement was reached last week that would see him avail himself of the special arrangement offered by the IRD for the repayment of tax arrears.

Delia said the repayment programme was similar to those offered to other tax-payers in a similar situation.

Several questions regarding Delia’s financial position were raised during last September’s leadership campaign, most notably concerning some €800,000 in loan and overdraft repayments owed to local banks.

The PN leader has maintained throughout that his financial position was of no concern since he his assets far exceeded his debts.