I refer to the front-page article entitled ‘BOV fund investors win €3.4m in damages’ (February 24).

The article relates how investors in a Bank of Valletta property fund were awarded €3.4 million plus interest by the financial arbiter after a six-year legal battle for compensation. We are told that the decision has put an end to the ‘long-drawn-out saga’.

If this legal battle has been described as a long-drawn-out saga what should we, shareholders of the National Bank of Malta, call our 45-year-old battle in the courts of justice of Malta?

In its judgment of October 2014, the Constitutional Court, presided over by Mr Justice Tonio Mallia, Mr Justice Noel Cuschieri and Mr Justice Joseph Azzopardi, confirmed two previous judgments handed down earlier in 2014 by Mr Justice Joseph Micallef.

The Constitutional Court decreed that the National Bank of Malta shares had value despite the temporary liquidity problem and confirmed that shareholders are subsequently entitled to compensation. To date, compensation has not been determined let alone awarded after 45 long years.

Yes ‘justice delayed is justice denied’, denied for 45 years. Shame, shame indeed on those who have been obstructing the legal process of allowing the shareholders to obtain their just compensation after 45 torturous years.

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