READ IT HERE: Corrupt accountant Brian Tonna’s fraudulent agreement between two of his companies

Below you will find the fraudulent agreement entered into in March 2014 between Willerby Trade Inc, registered in the British Virgin Islands in 2013 and fronted by nominee directors provided by Mossack Fonseca, and BT International Ltd, registered in Malta.

The agreement is fraudulent because the sole owner and ultimate beneficial owner of both companies is the corrupt accountant Brian Tonna. Yet under the agreement, Willerby agrees to “refer” to BT International applicants for the purchase of Maltese citizenship. It then charges BT International a sizeable fee/commission for doing so.

Under this fraudulent scheme, Brian Tonna receives full processing/referral fees for each citizenship-purchase applicant he takes to the government of Malta and Henley & Partners, but then he pays the bulk of that money out of the country to some offshore bank against a false invoice from his secret company in the British Virgin Islands. This allows him to pay tax only on what he retains in Malta (having deducted from his taxable income the invoices from his BVI company) while paying no tax or negligible offshore tax on the rest.

Meanwhile, the authorities in Malta are unaware that Willerby is his company – until, that is, his cover was blown by the documents in the Panama Papers.

So if both companies are his, and the scheme is fraudulent, why would he need to have this formal agreement at all? It’s because he needs to show it to the authorities in Malta: “Look, this is why I’m paying that money out of the country.”

And last, but not least, Brian Tonna – a man with a desk in the Office of the Prime Minister and who is the corrupt chief of staff’s closest associate, fixing all his corrupt arrangements, should never – even if they were both straight in their dealings, because perception is all – be selling Maltese citizenship.

This country has gone to the dogs. Here is the agreement:

Sub-agents-agreement-IIP-Willerby

Corrupt accountant Brian Tonna