- 24 - mately $500,000 from Malta to the United States, large amounts of which Mr. Mifsud claims his parents gave to him both during his father's lifetime and after his father died, to be implausible, inconsistent with and not supported by objective evidence in the record, and not credible. The record establishes that in 1951 Malta was under English exchange controls which limited the ability of Maltese persons to bring currency out of the country. The export of currency from Malta in 1951 in an amount of pounds or any other form of currency equal to approximately $500,000 would have had a serious impact on Malta's economy and the policy of its Government and would have been required by the English exchange controls to have been documented. Malta has no official record that an export from Malta took place in 1951 of currency in an amount of pounds or any other form of currency equal to approximately $500,000. The record also establishes that in 1951, when Mr. Mifsud and his father emigrated from Malta to the United States, Malta, which had been devastated during World War II by German air strikes, was a nation of small shopkeepers, dockworkers, and bureaucrats, with a small Anglo-Maltese ruling class. Estimates of Maltese national income in the postwar period ranged from $28.2 million to $48.3 million, and the median wage for private workers in Malta was about $11 per week, or $572 per year.Page: Previous 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Next
Last modified: May 25, 2011