Updated at 8.45am: adds Keith Schembri’s statement
Anti-money-laundering investigators in the British Virgin Islands (BVI) have probed Keith Schembri’s offshore company Colson, which in 2014 held cash balances of $725,000, new documents show.
In a letter to Panama law firm Mossack Fonseca, the BVI’s Financial Investigation Unit (FIA) asked for information about Colson as part of its functions “in relation to the investigation of a financial offence, including money laundering”.
The Prime Minister’s chief of staff is facing a number of money-laundering investigations locally, but the Prime Minister has dismissed calls for his resignation.
The BVI FIA asked for information on Mr Schembri’s company in April 2016, according to new information obtained by German paper Süddeutsche Zeitung.
Mr Schembri’s shareholding in the BVI company was hidden from public view through the use of nominees. The UK this month announced a plan to crack down on