Offshore companies are being used to move a massive €2.8 Million from a Maltese suspected oil smuggler, Gordon Debono, to his own wife, Yvette, new claims have revealed.
According to a report by The Shift News that quotes court documents, a Maltese judge recently sanctioned the transfer of a €1.5 million loan (plus interest) from a Belize company called Oil and Ship Consultancy Limited to the Dubai-based International Properties and Investments Limited.
The decision from Malta’s courts to transfer the money, it should be noted, was under an EU obligation to enforce a Cypriot court decision in 2018.
A second €1.3 million transfer will go in front of Malta’s courts later this month. The debt was recognised by a Limassol court in June 2018.
The Dubai company is owned by Yvette Debono, meanwhile, the Belize company is owned by her husband, Gordon. The €1.5 million loan was given to the Belizean company just a month before the arrest of Gordon and Darren Debono in Italy.
Essentially, the €1.5 million is being transferred from Gordon’s account to Yvette’s, even if the former’s assets are frozen.
Darren Debono and Gordon Debono have been accused of being part of a fuel smuggling operation in the Mediterranean. They were arrested in 2017 after Libyan fuel smuggler Fahmi Slim Bin Khalifa was apprehended.
The United States initially issued sanctions on companies owned by Gordon Debono, but neither International Properties and Investments Limited nor Oil and Ship Consultancy Limited were identified in the first amount of sanctions.