Not a cauldron of alienation as yet but the possibility does indeed exist.

Readers of this letter have probably already guessed which fund I am referring to.

It is, of course, Bank of Valletta’s Multi Manager Property Fund I am speaking about.

Or, rather, the government’s so-far apparent reluctance to do something on its electoral pledge to resolve the fiasco of unfairness that has left investors still wondering how further to proceed.

Two years down the line, the victims, myself not included, still languish in an ocean of uncertainty. BOV is not to blame: it is a great bank in all respects and is not likely to wince if called upon to compensate those who, under duress from then prevailing circumstances, agreed to receive a partial amount but “in full and final settlement”.

The whole issue is about fairness, not legality. And that is exactly what the government promised the hurt investors.

I feel confident that BOV would look kindly to an appointment of an independent arbiter guided solely by principles of fairness.

What is keeping a dynamic administration from fulfillingthe pledge it made?

It cannot be the prospect of alienation, surely!

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