TOP COMMENT/”The only other possibility is that they are hiding their money-laundering from the police and investigating authorities”

Posted by Ms BShorta:

Keith Schembri and Konrad Mizzi are two people with different fortunes. Mr Schembri is a multimillionaire. Mr Mizzi has practically more debts than assets.

So why did Brian Tonna prescribe the same financial package for both of them? Selling a canned financial solution to his two clients, without delving into their widely differing financial situations, is crass abuse. He should have known that Mr. Mizzi’s financial situation doesn’t require the Panama set-up, and it follows from this that he should be investigated for giving poor financial advice.

This also raises suspicions about Mr Mizzi’s qualifications. Is his CV cooked up on the financial front? He is either faking his CV to make him look like a financial expert drenched in management skills, or he is a pretender who is told to set up a company in Panama and says “OK, why no?”.

The only other possibility is that Keith Schembri and Konrad Mizzi are partners in crime and that the Panama corporations have been set up to hide their money-laundering from the police and investigating authorities in Malta and elsewhere in the European Union.