Updated | PN to propose amendments to IIP legal notice, declares 'win on principle'
Busuttil says devil's in the detail, will propose amendments to the legal notice in Parliament
Opposition leader Simon Busuttil said this evening that the last legal notice regulating the citizenship scheme was a win on principle for the Nationalist Party.
He said that the legal notice presented yesterday showed a very different Individual Investors Programme than the one which was approved in Parliament last November, even though "it could have been much better."
"This was thanks to the Nationalist Party and the European Institutions. It also served to show that if the government collaborated with the Opposition in the first instant, Malta would have been spared all this shame caused by the government's hard-headed approach."
However, Busuttil quickly added that "the devil was in the detail" and noted several loopholes in the legal notice for which the Opposition will be proposing amendments in parliament.
For instance he pointed out that the law commits only the main applicant to reside for 12 months. Other people who would gain citizenship with the main applicants, such as relatives, would not be asked to reside in Malta.
Busuttil also said that the law requests the main applicant to give proof of the 12-month residency, but does not specify what type of proof is needed.
"It is also unacceptable that the law provides revocation of citizenship if the required property or investment bonds are not retained during the whole period, but this does not apply to those who are caught not residing in Malta."
The fourth loophole concerned the publishing of names who gain citizenship, saying that distinction is not made between those who buy citizenship and those who gain it automatically.
He insisted the Opposition will do its outmost to ensure that the government pursues the scheme as approved by the EU commission, in particular the 12-month residency clause.
"We accept the Commission's stand that this scheme is no longer illegal, but we will closely follow the implementation of the scheme in order to ensure that the IIP is operated in good faith."
Consequently, the Opposition confirmed its' participation in the IIP monitoring committee.
Asked about the judicial protest the PN filed in the past days, Busuttil remarked that the protest was on the previous legal notice that was presented in 2013.
"The new legal notice revokes the previous one, so our judicial protest served its aim."
Government's reaction
Reacting to Simon Busuttil's press conference, the government expressed its disbelief that Busuttil proposed amendments to the legal notice in order to reflect the agreement reached with the EU Commission, when the legal notice itself was vetted by the same Commission.
"It is now clear that the Opposition's motivation is purely partisan, putting aside the national interest," the government said in a statement.