The governor of the Central Bank of Malta, Edward Scicluna, has resigned after it was announced that there was enough evidence against him to face a criminal trial.
The story began with accusations of corruption of officials in a hospital privatization deal in 2015, when Scicluna was finance minister. Of the 15 defendants, he was the last to retire from public office. He was preceded by Chris Farne, the former deputy prime minister of Malta, who resigned in May.
A spokesman for the European Central Bank confirmed that Scicluna, a member of the ECB’s Governing Council, had written to ECB President Christine Lagarde earlier this week to inform her that he is not performing official duties while his case is before a court.
The Government of Malta announced that the decision to resign the Central Banker is “in the interest of the nation”. His role will be taken over by the Deputy Governor of the Bank.
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