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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 editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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