Age, Biography and Wiki
Keith Schembri was born on 26 July, 1975 in Cospicua, Malta, is a Maltese politician. Discover Keith Schembri's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 48 years old?
| Popular As |
N/A |
| Occupation |
Political strategist · businessman |
| Age |
48 years old |
| Zodiac Sign |
Leo |
| Born |
26 July 1975 |
| Birthday |
26 July |
| Birthplace |
Cospicua, Malta |
| Nationality |
Malta
|
We recommend you to check the complete list of Famous People born on 26 July.
He is a member of famous Politician with the age 48 years old group.
Keith Schembri Height, Weight & Measurements
At 48 years old, Keith Schembri height not available right now. We will update Keith Schembri's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Keith Schembri's Wife?
His wife is Josette Schembri Vella
| Family |
| Parents |
Not Available |
| Wife |
Josette Schembri Vella |
| Sibling |
Not Available |
| Children |
2 |
Keith Schembri Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Keith Schembri worth at the age of 48 years old? Keith Schembri’s income source is mostly from being a successful Politician. He is from Malta. We have estimated Keith Schembri's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Politician |
Keith Schembri Social Network
Timeline
Keith Schembri (born in Cospicua, 26 July 1975) is Maltese businessman and political strategist who served as chief of staff to Prime Minister Joseph Muscat from 11 March 2013 to 26 November 2019.
Schembri resigned in relation to the murder investigation of Daphne Caruana Galizia and in course of the political crises in Malta.
The crisis also led to unprecedented protests in Malta, which called for Schembri's resignation.
In 1996 Schembri established Kasco Holdings, a group of companies providing various services and products within the fields of graphic art and engineering.
The group's flagship company is Kasco Paper.
Schembri first set up an offshore shell company in January 2011.
Schembri managed the 2013 electoral campaign that saw the Labour Party elected with the largest margin of victory in Malta since its independence.
Schembri was appointed as the "Chief of staff", a newly created position in the organization chart of the ruling government.
Joseph Muscat won the Maltese election in 2013 and Keith Schembri and others became part of his office team.
In July 2013 employees of Tonna created three letterbox firms in Panama: Tillgate Inc. owned by Keith Schembri, Hearnville Inc. owned by Energy-minister Konrad Mizzi and Egrant.
In June 2015, Schembri purchased Panama companies from the Mossack Fonseca-related firm ATC Administrators Inc, specifically Hearnville Inc and Tillgate Inc. Schembri asked the audit firm Nexia BT (Mossack Fonseca franchise in Malta), auditors of the Kasco Group, to help him set up a New Zealand trust and associated company.
Konrad Mizzi also used Nexia for this purpose; he said Schembri suggested an overseas trust and brought him to Nexia.
Rotorua, Mizzi's trust, and Haast, the trust created for Schembri, are both run by Orion Trust (New Zealand).
Under New Zealand law, the trusts pay no tax on foreign earnings; New Zealand regulators may demand this information, but do not disclose it to other governments.
Mossack flagged both Schembri and Mizzi as politically exposed persons due to their roles in the Maltese government, and noted "some negative coverage regarding the tender process for supply of paper to the government," and also concerns about the level of compensation received by Mizzi's wife.
FPB Bank of Panama refused to open accounts for the two, judging them potential corruption risks.
Schembri was one of the Maltese individuals mentioned in the initial Panama Papers leaks in April 2016, together with then Minister for Energy and Health Konrad Mizzi.
These revelations led to calls for Schembri's resignation from government.
This motion was later amended by the governing party as a vote of no confidence in the Prime Minister, under whose employ Schembri falls.
Parliament voted along party lines and the motion was defeated.
On 22 December 2021, Schembri and Konrad Mizzi and their immediate family were sanctioned by the United States Department of State citing involvement in "significant corruption".
Schembri resigned his government post on 26 November 2019, and was subsequently arrested by the police for questioning.
Schembri was later released by police.
Yorgen Fenech, in his court statement, accused Schembri of being the mastermind behind the Caruana Galizia murder.
Schembri is also accused of trying to influence Fenech in order to frame Chris Cardona as responsible for the murder of Caruana Galizia.
According to Fenech's testimony in a constitutional case, Schembri had allegedly informed Fenech that the latter's phone was being tapped.
A campaign boycotting Kasco imports was initiated; Pasta Rummo was a notable example, having been targeted in supermarkets with stickers with bloody hands being placed on the pasta packaging.
Pasta Rummo distanced themselves from Schembri in an issued statement.
On 20 March 2021, Keith Schembri was charged with corruption, fraud, and money laundering.
He was denied bail and taken to Corradino Correctional Facilities (Jail).
He was subsequently released on bail after being denied twice.
