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Gasan Group Vehemently Deny Any Connection To Or Knowledge Of Macbridge

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The Gasan Group have vehemently denied any connection to Macbridge, the mysterious company that was allegedly set to transfer millions to the Tourism Minister Konrad Mizzi and the Prime Minister’s Chief of Staff Keith Schembri along with 17 Black.

“The Gasan Group and all involved within it– have no knowledge of, or connection with, Macbridge and no knowledge regarding who owns or controls Macbridge and have never had any relationship with the company. The Group first learned of its existence when its name became public,” the group said in a statement to Lovin Malta.

Over the past few days, rumours had been swirling that Mark Gasan had been taken in for questioning. However, these have repeatedly proven to be untrue.

Macbridge was the second company listed as the target client of Tilgate and Hearneville, the two offshore companies owned by Mizzi and Schembri.

The other company, 17 Black, was revealed to be owned by Yorgen Fenech, the main suspect in the assassination of Daphne Caruana Galizia’s assassination.

 Leaked emails later stated that €150,000 would be paid in monthly instalments to both Mizzi and Schembri’s Panama companies.

Schembri, unlike Mizzi, has confirmed the existence of both. However, he is yet to reveal the identity of Macbridge’s owner. Prime Minister Joseph Muscat has said he does not know who Macbridge is.

Gasan Group is part of Electrogas consortium with Fenech.

The ElectroGas consortium was selected to build and operate the LNG power station in Delimara back in October 2013, with a deal eventually signed in April 2015.

ElectroGas is equally owned by three companies – German conglomerate Siemens, Azeri state energy company Socar and GEM Holdings, a Maltese business venture.

Tumas Group and Gasan Group own a third each of GEM Holdings while the other third is split into thirds. Two-thirds are owned by the Apap Bologna family, while the remaining one third is held by a company owned solely by Yorgen Fenech. Fenech is personally listed as one of three ElectroGas directors.

READ NEXT: INFOGRAPHIC: Daphne Caruana Galizia, Yorgen Fenech And A Whole Web Of Alleged Criminals, Politicians And Companies

READ NEXT: ‘I Won’t Abdicate’: Muscat Says He’s Staying After Resignation Rumours And Rules Out Snap Election

Julian is the former editor of Lovin Malta and has a particular interest in politics, the environment, social issues, and human interest stories.

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