German authorities have been requested to investigate bribery in commercial business transactions in relation to Siemens’ involvement in bribery allegations relating to the company 17 Black, which emails have shown promised kickbacks to top government officials.
Siemens is a shareholder in Electrogas – the company behind Malta’s power station project.
Electrogas director and chief executive of the Tumas Group Yorgen Fenech has been exposed as the mysterious owner of the secret Dubai company 17 Black in a probe by the Times of Malta and Reuters.
According to correspondence between Mossack Fonseca and Nexia BT, the company was to transfer $150,000 monthly to top government officials.
The emails showed that 17 Black was one of two sources of income for the Panama companies Hearnville and Tillgate, set up by Muscat’s consultants Nexia BT for Minister Konrad Mizzi and the Prime Minister’s chief of staff Keith Schembri a few days after they assumed office