Brian Tonna taking €111,221 in referral fees for each Maltese passport sold

Tonight’s ‘kickbacks’ press conference refers.

So now we know that Willerby Trade Inc (owner – Brian Tonna) received €166,831.90 in referral fees for the sale of Maltese passports to three Russian people.

I like the shape of numbers, so I went straight for that: 166,831.90 seemed like a strange kind of figure to be divided by three for a per capita sum. Then I remembered that this is not the whole amount of the referral fees Tonna received, but only 50%.

Because we also know, and I reported on it yesterday, that Willerby Trade Inc has a false-front agreement with BT International Ltd, a Maltese company (owner – Brian Tonna) for 50% of the referral fees on the sale of passports.

It is not Willerby Trade Inc but BT International Ltd which is an agent for the sale of Maltese citizenship, registered with Identity Malta. BT International makes the arrangements for citizenship, invoices the Russians or whatever, and then pays 50% of the fees it receives to Willerby Trade Inc as a tax-dodging measure.

It’s all in this agreement.

So while Willerby Trade Inc will have taken €166,831.90, BT International will have retained another €166,831.90, bringing to €333,663.80 the full fees which Tonna took for making arrangements for the sale of three passports.

And as you can see instantly from all those nice threes and sixes, that is instantly divisible by three, if you discard the 80 cents for stamps: €111,221 per passport.

That’s right: Brian Tonna is creaming €111,221 off the sale of Maltese citizenship to every individual he ‘refers’ to Identity Malta.

So if you looked at that figure of €166,831.90 and said to yourself, how generous, he kicks back €100,000 to the Prime Minister’s chief of staff and keeps just €66,831.90 for himself – it’s not like that at all.

He’s kicking back €100,000 from €333,663.80, and keeping €233,663.80. You just have to love those 80 cents.