The Malta Independent 9 August 2026, Sunday
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TMID Editorial: Egrant report - The corruption story continues to unravel

Friday, 20 December 2019, 10:09 Last update: about 8 years ago

As expected, the full Egrant inquiry report contained much information that was previously kept hidden from us.

It was thanks to Opposition Leader Adrian Delia, who in a bold move published the entire report after the Constitutional Court gave him a right to a full copy, that we have come to know all the contents of the famous inquiry.

The report itself does not change anything from the main conclusions, published a year and a half ago, that found no evidence that Joseph or Michelle Muscat owned the secret Panamanian company called Egrant. That much we expected.

But the publication of the report uncovered previously unknown facts – facts that this administration, with some help from the Attorney General, tried to keep hidden away.

The report, for example, sheds light on discussions, involving disgraced former OPM chief of staff and former minister Konrad Mizzi, to set up a BVI-linked investment promotion firm with the involvement of a person named ‘Sai’, who the inquiring magistrate said could be Mizzi’s wife.

For some reason, the company, which would be a public-private partnership, would have been controlled by a holding firm in the British Virgin Islands, like Panama, a secretive jurisdiction. Magistrate Aaron Bugeja found that this issue was so serious that he asked the Police Commissioner to investigate it.

More significantly, it transpired that the government had not published all of the inquiry conclusions. Bugeja, for example, had asked the Police Commissioner to investigate and identify the person or persons who had forged Michelle Muscat’s signatures on Egrant-related documents. He also ordered the police to investigate Nexia BT’s Karl Cini, sacked FIAU official Jonathan Ferris and Russian whistle blower Maria Efimova over possible perjury.

The magistrate also said that that the pre-requisites for magisterial inquiries into the offshore structures owned by Brian Tonna and Adrian Hillman had been satisfied.

Questions immediately arose as to why this part of the conclusions was not published in April of last year, along with the ones that were more favourable to the government.

In a statement on Wednesday, the police said "a number of recommendations are already being investigated by the Malta Police and the Inquiring Magistrates, and these include those pertaining to the relationship of former Chief of Staff Keith Schembri with Managing Partner Nexia BT Brian Tonna and also the one Schembri has with former Times of Malta Managing Director Adrian Hillman."

The statement also said that there is an ongoing investigation on Pilatus Bank, 17 Black, Hearnville Inc. and Tillgate Inc.

Other recommendations are being investigated, the police said, without going into any detail. "A number of persons have already been spoken to with respect to these investigations, and such investigations are ongoing."

The police statement is hardly satisfying and does little to put our minds at rest.

For a start, the police had never said anything about the above before now. It was only after the report was published by the Opposition Leader that they spoke out.

Secondly, they have not really told us what they are investigating, and who.

This is hardly surprising given that the police have not even held a single press conference, or crime conference, as they are locally known, about the Daphne Caruana Galizia murder case. But this should not be the case. The police, while not jeopardizing ongoing investigations, have a duty to inform the public that serious allegations of wrongdoing by the political class are being investigated.

The government itself has also remained conspicuously quiet, focusing solely on the angle that the inquiry confirms that Egrant does not belong to the Muscats.

We have known that for 18 months now, there is no need to harp on about it.

On the other hand, there are a million and one questions that need to be answered and the government cannot use the Christmas period to let this all blow over and be forgotten.

We demand explanations now.

 

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