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The Maltese Herald

Keith Schembri is a secret shareholder of Saviour Balzan’s media companies and owns 25% of Illum

โ€”

by

Mark Camilleri
in

There’s a very obvious reason why Yorgen Fenech trusted Saviour Balzan to do propaganda for him and help him attack his critics such as Jason Azzopardi. Keith Schembri, Yorgen Fenech’s friend and previous Chief of Staff to Joseph Muscat is a shareholder of Saviour Balzan’s media companies and even owns 25% of Illum.

Keith Schembri’s shareholding in Saviour Balzan’s companies is being concealed with a number of shell companies and different fronts that represent him in structures created by Brian Tonna of Nexia BT. Keith Schembri has 25% ownership of Innovate Business Consulting Ltd that publishes Illum and these company structures lead to shell companies in the British Virgin Islands and Dubai.

More updates on this story will be published along the coming days as more information is discovered.

Comments

11 responses to “Keith Schembri is a secret shareholder of Saviour Balzan’s media companies and owns 25% of Illum”

  1. Paul Bonello avatar
    Paul Bonello

    Provided this is truly the case – it is now for Maltatoday to prove otherwise in this public arena – how intellectually dishonest of those who concealed this fact and who have betrayed the trust of its readers

    Reply
  2. Twanny il Werqu avatar
    Twanny il Werqu

    And who is the secret share holder in No Deposit Cars ? …Please investigate Mark !!

    Reply
  3. Il Gahan avatar
    Il Gahan

    If the claims in this article are accurate, then Saviour Balzan embodies hypocrisy, contradicting his own ideals and standards, appearing as a disillusioned, wealthy individual. A peaceful retirement in Thailand could be fitting for someone with his demeanor, provided the allegations hold true, of course…..

    Reply
  4. Caesar? avatar
    Caesar?

    Saviour has always been a snake. Arselicking labour for his own ends. He pretends to be an impartial journalist but he’s nothing else but a fellow villian.

    Reply
  5. Caesarฒ

    Saviour has always been a snake. Arselicking labour for his own ends. He pretends to be an impartial journalist but he’s nothing else but a fellow villian.

    Reply
  6. No denial from Saviour Balzan that shell companies hide the real owners of his companies – Mark Camilleri avatar
    No denial from Saviour Balzan that shell companies hide the real owners of his companies – Mark Camilleri

    […] MaltaToday and Illum issued a statement in response to my story that didn’t actually deny the story. The statement neither did it deny that Saiour […]

    Reply
  7. M C avatar
    M C

    Where are the Egrant assets finished? Could they were transfered to Dubai as political funding?

    Reply
  8. Our greatest hits of 2024 - The Maltese Herald avatar
    Our greatest hits of 2024 - The Maltese Herald

    […] The third most read story was the revelation of the hidden ownership of Saviour Balzan’s media companies. He was also bailed-out twice by the Labour […]

    Reply
  9. We will not be moved by bullying, threats, or disinformation by organised criminals - The Maltese Herald avatar
    We will not be moved by bullying, threats, or disinformation by organised criminals - The Maltese Herald

    […] conspirator with organised criminals against the Opposition Keith Schembri is a secret shareholder of Saviour Balzanโ€™s media companies and owns 25% of Illum No denial from Saviour Balzan that shell companies hide the real owners of his companies […]

    Reply
  10. What Toni Abela really thinks about Joseph Muscat - The Maltese Herald avatar
    What Toni Abela really thinks about Joseph Muscat - The Maltese Herald

    […] today, the fully-government funded newspaper called Illum that was also owned by Keith Schembri, released online a very vexatious and libelous against me and this press as it made reference to […]

    Reply
  11. We have options in case of repression - The Maltese Herald avatar
    We have options in case of repression - The Maltese Herald

    […] propaganda machine ran regular stories and pieces about me which were biased. MaltaToday and Illum, co-owned by Saviour Balzan, are running a vexatious and libelous campaign against me with Saviour […]

    Reply

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