The Labour Party has settled some of its debts – which go back many years – through the sale of Australia Hall in St Andrew’s, The Sunday Times of Malta has learnt.

The deal, which was only possible after the new Labour government instructed the Lands Department to drop a court case against the party over 10,000 square metres of prime property in St Andrews, was reached last month and will also see the former Raffles disco – which 20 years ago was already worth €1 million – return to Labour.

The Sunday Times of Malta has obtained a copy of the deal reached last month between the Labour Party and Tamarac Ltd – owned by the proprietors of the furniture business Fino and Chris Gauci.

Read more in The Sunday Times of Malta or the e-paper.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.