Nexia BT’s turnover goes up from €1.9m to €4.5m in first two years of Labour government

Nexia BT’s Transparency Reports (see below) show that its turnover went up from €1,914,627 as at 31st December 2012 to €4,552,170 as at 31st December 2014.

Brian Tonna has been working at his practice since 1992. It took him 20 years to build up his turnover to €1.9 million. Then in the next two years – thanks to his friendship with the Prime Minister’s chief of staff, Keith Schembri, whose company auditor he has been for many years – it shot up to €4.5 million, an increase of €2.6 million built up in just the years 2013 and 2014.

Tonna is currently embroiled in the Panamagate scandal, as the man who fixed things for the Health & Energy Minister and the Prime Minister’s chief of staff to set up asset-concealing companies in Panama sheltered by trusts in New Zealand, even though he was fully aware of his reporting requirements as they are both politically exposed persons (PEPs).

NexiaBT Transarency Report 2013

NexiaBT Transparency report 2014

Keith Schembri, the Prime Minister’s chief of staff

Brian Tonna of Nexia BT