The government will not be compensating Henley & Partners for revising its contract for the cash-for-citizenship scheme, Times of Malta is informed.
Henley & Partners won a public tender in August to design, implement, process and administer much of the Individual Investor Programme (IIP).
The firm designed the original controversial scheme in consultation with the government.
It passed through Parliament in November.
But following a negative reaction locally and internationally, the government delayed implementing the programme in a bid to reach consensus with stakeholders and the Opposition.
Read the full story in Times of Malta, the e-paper or timesofmalta.com premium here.