A court has ordered the defunct St Philip’s Hospital to settle a long-standing debt of €12 million with HSBC.Judge Mark Simiana dismissed claims the interest charged by HSBC on the debt, amounting to €5 million, was “excessive”. It ordered Golden Sheperd Limited, the company behind St Philips, to pay the €12 million as well as...

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The Civil Court has ordered St. Philip Hospital in Santa Venera to pay its debt to HSBC bank – an amount that amounts to €12 million. Back in 2023, the Civil Court ordered the closure of the company due to the debt. 
ADVERTISEMENT SCROLL TO CONTINUE Mark Simiana, the Judge on the case, dismissed the complaint of the company Golden Sheperd Limited, which owns the Hospital. The complaint was that €5 million in interest on the debt was excessive. T…

Il-Qorti Ċivili ordnat lill-Isptar San Filippu f’Santa Venera biex iħallas id-dejn tiegħu li għandu mal-bank HSBC – ammont li jlaħħaq it-€12-il miljun. Lura fl-2023, il-Qorti Ċivili ordnat l-għeluq tal-kumpanija minħabba d-dejn li kien hemm. 
REKLAM SKROLLJA BIEX TKOMPLI Mark Simiana, l-Imħallef fuq il-każ, warrab l-ilment tal-kumpanija Golden Sheperd Limited, li tiġi sid l-Isptar. L-ilment kien li €5 miljuni f’interessi fuq id-dejn kienu eċċess…

Court orders St Philip’s owner to settle HSBC €12 million debt

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