Issue link: https://maltatoday.uberflip.com/i/1358359
maltatoday | SUNDAY • 4 APRIL 2021 10 NEWS The Corruption Timeline From Progress Press to Keith Schembri's arrest, offshore activities characterised over a decade of corruption A tender by invitation is issued by Progress Press which attracted three offers: Demajo, Sado and Kasco 2007 2008 The first printing machine acquired by Progress Press cost $13.8m and was commissioned in 2008 Joseph Muscat becomes Labour Party leader Keith Schembri appointed to Labour Party working group on energy 2009 Progress Press applies for subsidy with Malta Enterprise to buy another printing machine Progress Press paid $3.3m for this second machine, which Schembri bought for $2m June July Malta Enterprise approves application from Progress Press for subsidy 2010 Kasco wins tender to supply Allied Group's Progress Press with a printing press Acquisition of Mrieħel factory for new Progress Press premises June October 2007 Keith Schembri's Malmos Ltd is registered in Gibraltar 23 June 2010 Adrian Hillman receives $169,675 in his MFSP Financial Investment account from Schembri's Credit Suisse account Made with 2011 A year characterised by offshore activity January Schembri's BVI company Colson Services, and Malcolm Scerri's offshore company Selson Holding Corporation, are set up through Mossack Fonseca 19 April Lester Holdings incorporated in BVI, with Adrian Hillman as UBO $135,884 received in Hillman's account from Malmos Ltd 13 May Progress Press was finally inaugurated in July 2011 by then Prime Minister Lawrence Gonzi A direct payment of Enemalta issues call for expression of interest by Enemalta for the power station project. Shell, Gazprom Edison and Electrogas submit their interest April May Mossack Fonseca (Malta) Ltd was registered with the Malta Financial Services Authority, with all of its shares held in fiduciary trust by BT International Ltd It was set up in offices on the same office-building floor as those of Nexia BT Hillman transferred his interest in Lester Holdings to ATC Administrators 8 May GEM Holdings registered as a company May - July Nexia BT set up the following: Willerby Trade Hearnville Tillgate Torbridge Egrant Brian Tonna Konrad Mizzi Keith Schembri Chen Cheng ? 5 July Lester Holdings Group Limited issues a Power of Attorney in favour of Mr Brian Tonna and Mr Karl Cini of Nexia BT, allowing them to manage the company without any limitation This remained in effect for three years until 5 July 2016 October Daphne Caruana Galizia mentions Yorgen Fenech for the first time, saying that a published interview showed the October Dow's Media incorporated in October 2014, just weeks after Macbridge December Electrogas wins tender $135,884 received in Hillman's account from Malmos Ltd Progress Press was finally inaugurated in July 2011 by then Prime Minister Lawrence Gonzi A direct payment of €100,000 is transferred from Kasco Engineering to Lester Holdings' MSFP Financial account A direct payment of €14,609.88 is transferred from Kasco Ltd to Adrian Hillman's personal account with HSBC 18 November 14 December An additional sum of €125,000 was received from an account held with Jyske Bank (Gibraltar) limited in the name of Malmos Limited 2012 Konrad Mizzi declares his intention of running for general election 2013 Labour Party and Joseph Muscat win general election Made with 2015 Enemalta scandals January Enemalta's board gave its approval for negotiations to begin with Cifidex Kevin Chircop, who now chairs Enemalta, describes Cifidex as the actual owners of the project, according to board minutes of the January 2015 meeting February Karl Cini initiates transfer of Torbridge to Chen Cheng Cifidex sign promise of sale for Wind Farm site April Government signs power purchase and gas supply agreements with Electrogas 1 May Karl Cini authorised to open bank accounts in the name of Lester Holdings with Pilatus Bank Limited The resolution further states that these accounts will be operated by Hillman June Konrad Mizzi establishes a trust in New Zealand that is a shareholder Hearnville July Local agent behind LNG tanker (Orion Engineering, owned by Mario Pullicino) wires $200,000 to 17 Black August Electrogas: State guarantee shoots up to €360 million to cover a €450 million loan taken by the company Konrad Mizzi says guarantee will be in place for 22 months November Azerbaijani national Rufat Baratzada wires $1.4 million in two transactions to 17 Black Cifidex receives €3 million from 17 Black December Hearnville Tillgate Torbridge Egrant Konrad Mizzi Keith Schembri Chen Cheng ? 5 July Lester Holdings Group Limited issues a Power of Attorney in favour of Mr Brian Tonna and Mr Karl Cini of Nexia BT, allowing them to manage the company without any limitation This remained in effect for three years until 5 July 2016 October Daphne Caruana Galizia mentions Yorgen Fenech for the first time, saying that a published interview showed the power station had been a done deal since before the election October Dow's Media incorporated in October 2014, just weeks after Macbridge December Electrogas wins tender 2014 27 November According to documentation obtained by the FIAU, the account held by Willerby Trade with Pilatus Bank was opened on 27th November 2014 December Chen Cheng gives presentation about Wind Farm project to Enemalta board, marketing Cifidex as the sole agent Made with The great A timeline of various corruption scandals