Nexia BT managing partner Brian Tonna said he was not in a position to divulge any information on Konrad Mizzi and Keith Schembri since they were his clients.

Nexit BT is the financial advisory firm that assisted both men set up private financial vehicles overseas.

We are bound to keep our clients identity and affairs strictly confidential, Mr Tonna said.

We regret, therefore, that we are unable to respond to any of your queries.