The Malta Independent 14 April 2021, Wednesday

Updated: Magisterial inquiry on Schembri, Hillman concluded

Tuesday, 2 March 2021, 11:39 Last update: about 2 months ago

A magisterial inquiry into allegations of money laundering and graft by former OPM chief of staff Keith Schembri and ex-Allied Newspapers managing director Adrian Hillman has been concluded. 

The inquiry, led by Magistrate Josette Demicoli, was passed on to the State Prosecutor’s office on Monday.

The conclusions have not been made public.

The inquiry was requested by then Opposition Leader Simon Busuttil in 2017, based on information found in a leaked FIAU report.

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The report detailed how Schembri filtered over €650,000 to Hillman in over 30 “suspicious transactions” between 2011 and 2015.

Hillman was also found to have deposited €225,000 in cash into his personal HSBC account between January 2011 and February 2016.

Busuttil had presented to the court eight box files of documents which, he said, contained detailed proof the transactions from Schembri to Hillman, who at the time was managing director of the company which publishes Times of Malta. The files had been presented to magistrate, Aaron Bugeja, who has since been promoted to judge.

Bugeja had decreed that there was sufficient evidence for the files to be considered further by an ad hoc magisterial inquiry.

The FIAU report was compiled after some of the secret structures used for these transactions were revealed in the 2016 Panama Papers leak.

Through his lawyer Jason azzopardi, Busuttil has requested a copy of the inquiry from the Attorney General.

It is in everyone's interest that the conclusions of the report are made public immediately, Busuttil said on Facebook.

 

 

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