No denial from Saviour Balzan that shell companies hide the real owners of his companies

Yesterday, 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 Balzan’s companies hide their real owners through shell companies in the British Virgin Islands and Dubai. Even if he denied it, Saviour Balzan has a strong track-record of lying, just like when he lied about not receiving payments from Yorgen Fenech until actual messages between him and Yorgen Fenech proved otherwise.

This is a developing story, and eventually I will be buying many of the relevant documents from the Malta Business Registry to do a proper analysis.

This is Saviour Balzan’s statement in full.

Mark Camilleri

Website Editor
Historian and Publisher