Tista' taqra bil- Malti.
An advocate being a director of a company is not ‘itself a breach of the code of ethics,’ but the rule prevents them making profit through their services.
That’s what the Chamber of Advocates has stated in clarifying the alleged breach of the code of ethics by Jean Philippe Chetcuti and Chetcuti Cauchi Advocates.
The Chamber says that, ‘This is a rule that re-affirms the principle that the practice of law cannot be conducted as a business, where profit is the main driver, but has to be conducted as a profession, where profit is subservient to ethical conduct.’
Their comments come following the publication of comments suggesting that according to the court, the law firm had breached the code of ethics.
Their comments in response to the news that it being suspended from advising on the process of citizenship investor schemes to high net worth individuals.
Otherwise known as the sale of passports, the scheme has become a lucrative business bringing in millions of Euros to the country.
In a recent French investigative programme produced for the network ‘M6’, the undercover journalist met with the head of Chetcuti Cauchi to discuss citizenship schemes for imaginary clients.
The representative told the journalist about their close connections to key Ministers within the current government.
Following the broadcast of the programme, the government has denied any connection with the firm and suspended its advisory services.
‘In these circumstances, whilst the Chamber is entitled to conduct its own investigation with a view to suspending or terminating an advocate’s membership of the Chamber, it feels that it would be prudent and proper in the circumstances where it has itself requested the Committee to investigate the matter, to await the conclusion of the investigation by the Committee before taking a firm view on the matter.’