President George Abela has signed the documents granting a pardon to George Farrugia, the rogue oil trader at the centre of the Enemalta oil procurement scandal.

The documents were signed after Mr Farrugia accepted the terms of the pardon.

The pardon was granted on the recommendation of the government following the advice of the Attorney General and the Police Commissioner. They also had a meeting with the President.

Mr Farrugia confirmed to the police that he was prepared to disclose his information once the pardon was issued.

The government in a statement said the conditions of the pardon are the following:

• The pardon applies only to crimes linked to the allegations on oil procurement made before the pardon was issued.
• Mr Farrugia promises to disclose the whole truth and nothing but the truth on oil procurement to police investigators, any court or inquiry.
• Mr Farrugia commits to transfer to the government all funds, property or other profit derived from crimes related to the oil procurement allegations. Therefore, within five days, Mr Farrugia must transfer €250,000 on account to the government.  Should more profits result from the alleged crimes, such profits must also be passed on to the government. 

Should Mr Farrugia not say the whole truth or does not transfer the gains made from crimes related to oil procurement, the pardon will be automatically annulled.

Mr Farrugia accepted the terms during a meeting this evening with Police Commissioner John Rizzo and Attorney General Peter Grech.

Mr Farrugia was assisted by his lawyers Siegfried Borg Cole and Franco Debono.