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Nov 11 - Chief Minister Condemns Feetham’s Behaviour Over Credit Finance

The Chief Minister, Fabian Picardo, has reiterated his view that Opposition Leader Daniel Feetham’s behaviour over the Government’s Credit Finance Company when he walked out of Parliament was “simply designed to cause dramatic effect.” Mr Picardo insists it is clear that Mr Feetham was totally aware that the Government could not supply the information he wanted because of commercial confidentiality and sensitivity – something, it claims, Mr Feetham has yet to refute.

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Nov 08 - Government Insists Opposition is ‘In No Position to Lecture on Fishing or Waters’

fishing In response to the Opposition’s recent criticism of the Government’s handling of the fishing dispute, the Government has stated that the past 18 months has been spent mopping up the mess that the GSD left behind when they were in office.

A No.6 statement issued today notes, ‘People will never forget that the reason why Gibraltar finds itself in this situation in the first place is because the then GSD Government entered into a private agreement with a group of Spanish fishermen which allowed them to break the law with impunity in British Gibraltar Territorial Waters. The fact that these fishermen were allowed to use methods that were illegal under Gibraltar law for so many years has made it more difficult for the new GSLP/Liberal administration to wind the clock back.

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Nov 08 - GSD Calls on Government to Come Clean on Credit Finance Company Ltd Loans For Government Arrears

feethamIn response to the Government’s latest statement on Credit Finance Company Ltd, a GSD statement has today noted that ‘it is so absurd, that it only needs to be stated to be rejected outright. Credit Finance Co Limited is not a bank nor is it managed at arms length from the Government.  The Moneylenders Act creates a licensing regime in respect of money lending where the licensing authority is the Chief Minister himself and Credit Finance Co Limited is not regulated by the FSC or any independent regulator. 

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