MP Ian Castaldi Paris revealed that he will be standing down at the next election following a Times of Malta report about a tax investigation uncovering that he holds undeclared wealth.
Paris took to Facebook, saying that he has come to the decision not to run the next general election as he wanted to priorities his family.
This comes just hours after the Times of Malta report exposing how the MP agreed to pay around €300,000 in taxes and penalties after a probe into his fiscal affairs found close to €1 million in previously undeclared income.
“Though I will be taking a step back from public life, this does not mean that I will no longer contribute to the Labour Party to take the country forward” he said.
Despite sources privy to the audit saying that the unexplained wealth hover around the 1 million mark, the MP insisted that the amount is significantly lower.
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Photo Source: Ian Castaldi Paris FB