https:// lovinmalta.com/opinion/analysis/what-this-new-17-black-story-means-for-keith-schembri-and-konrad-mizzi/
t turns out that the mysterious Dubai company 17 Black is owned by none other than Yorgen Fenech, the CEO of the powerful Tumas Group, which is one of the business partners in the Electrogas consortium running the LNG power station.
17 Black was one of two Dubai companies which were supposed to transfer monthly fees of €150,000 to the Panama companies of Tourism Minister Konrad Mizzi and OPM chief of staff Keith Schembri.
Fenech opened a bank account in Dubai for 17 Black in June 2015, two months after Enemalta signed multiple contracts binding it to buy €131.6 million worth of LNG from Electrogas yearly for ten years. At the time, Mizzi was Energy Minister, politically responsible for Enemalta.
Fenech’s ownership of 17 Black is the fourth link between Mizzi’s and Schembri’s Panama companies and the LNG power station. Leaked documents from the Financial Intelligence Analysis Unit (FIAU) had already shown how 17 Black had received €161,000 from Mario Pullicino, the local agent for the tanker supplying gas to the LNG power station, and two separate payments amounting to €1.1 million from an Azeri national. The Azerbaijan link is crucial as one of the three shareholders of Electrogas is Socar, the Azeri state-owned energy company.