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Borg at the EU parliament last week (Photo: europarl.europa.eu)

Malta's EU candidate shakes off tobacco link

Malta's would-be new EU health commissioner Tonio Borg is to sell a tiny investment linked to the tobacco industry for the sake of "good faith."

The Brussels-based NGO, Corporate Europe Observatory, on Monday (19 November) circulated information that La Valette Sterling Income Fund, in which Borg owns about 2,300 shares, itself owns bonds issued by US firm Imperial Tobacco.

Borg told EUobserver the sums involved are "infinitesimal" and that he did not know what the fund was doing...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Borg at the EU parliament last week (Photo: europarl.europa.eu)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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