The police have been investigating the once-secret offshore company 17 Black ever since the financial intelligence unit flagged its concerns back in March, investigators have told The Sunday Times of Malta.
The criminal investigation has also prompted a magisterial inquiry – separate to the one held up in the courts – in a bid to get hold of evidence.
The police sources said the probe started the same week they received an intelligence report naming Electrogas power station director and businessman Yorgen Fenech as the owner of the mystery Dubai company 17 Black.
Mr Fenech, the CEO of business giant Tumas Group, is one of the partners in the new €450 million gas-fired power station.
His company 17 Black had first hit the headlines back in 2016 when it was identified in a leaked e-mail as one of two sources of income for the Panama companies Hearnville and Tillgate, owned respectively by minister Konrad Mizzi and