Electrogas consortium members distance themselves from 17 Black – EP report calls for phasing out of citizenship by investment schemes – The Malta Independent

The Malta Independent reports that the European Parliament committee on financial crimes presented a draft document recommending the phasing out of Citizenship by Investment schemes across the EU. The document will be discussed by the EP and, later, voted on.

The Malta Independent spoke to the Maltese and German partners in the Electrogas consortium who, it says, have distanced themselves from 17 Black. They also said they were unaware of who owned another reported secret company called Macbridge. Electrogas is composed of German Siemens, Azerbaijani SOCAR, and Maltese investors Gasan Group, Tumas Group, and the Apap Bologna family.

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