PRESS RELEASE BY THE MINISTRY WITHIN THE OFFICE OF THE PRIME MINISTER

Minister within the Office of the Prime Minister Konrad Mizzi refers to an allegation made by Daphne Caruana Galizia in a blog post today, wherein she alleged that Hearnville Inc holds accounts at Pilatus Bank in Malta and accounts at a bank in Dubai.

These most recent allegations made by Caruana Galizia are false and Minister Mizzi, once again, rejects the assertions in the strongest terms possible. Minister Mizzi declares unequivocally that Hearnville Inc never held any bank account, either in Malta or elsewhere.

Minister Mizzi reiterates that he requested trustees to commission an independent audit of the New Zealand family trust and of Hearnville Inc. The trustees have engaged Crowe Horwath, one of the largest public audit and accounting firms in the world, and the audit has established that the financial statements of the structure were presented fairly, in all material respects and in accordance with accounting policies. The auditors have confirmed that the evidence they obtained was sufficient and appropriate to provide a basis for their audit opinion. This confirmed that the structure is solely intended as a family trust and that no bank accounts were held by the trust and company.

Daphne Caruana Galizia is again lying outright. She has not provided a shred of evidence in support of her allegations.

Minister Mizzi has already filed libel proceedings against Caruana Galizia in connection with a number of slanderous and unsubstantiated allegations made by the blogger and will continue to pursue legal action to ensure that all untruths are met with full legal sanction.

Source: Government of Malta