Enough evidence for Brian Tonna, Karl Cini and associates to be indicted for financial crimes
The court has ruled that there is enough evidence to indict Nexia BT partners Brian Tonna, Karl Cini, Manuel Castagna and their financial controller Katrin Bondin Carter
15 April 2021, 9:13am
Matthew Agius
Matthew Agius
1 min read
Brian Tonna (left) appeared in front of parliament's Public Accounts Committee on Wednesday to answer on his involvement in the Electrogas power station tendering process. Tonna chose not to respond.
There are sufficient grounds for Brian Tonna, Karl Cini, Manuel Castagna and Katrin Bondin Carter to face trial under a bill of indictment, a magistrate has ruled.
The four face charges of money laundering and other financial crimes in relation to inquiries involving former OPM chief of staff Keith Schembri. They are pleading not guilty.
Magistrate Donatella Frendo Dimech ruled that there was enough prima facie evidence for a bill of indictment to be issued. The acts of the case will now be sent to the Attorney General.
The ruling came at the end of today’s sitting, during which police officers and bank officials presented their findings on the accounts and money transfers involving the accused.
Police officers from the Financial Crimes Investigation Department listed a series of transactions, involving thousands and sometimes millions of euros, connected to the four accused as well as offshore companies to their name.
Police also traced money funnelled from the Kasco Group that belongs to Schembri.
All have been given bail as the cases against them continue.
READ MORE: Brian Tonna, Karl Cini and associates granted bail in money laundering case
Matthew Agius is Senior Reporter on Law and Court Affairs at MaltaToday.
He is also a Leg...
