[attach id=262021 size="medium"]Albert Muscat, whose fiduciary company appears up to 30 times in the database.[/attach]

One of the Maltese people whose name crops up most frequently on the Offshore Leaks database is Albert Muscat.

An accountant, Mr Muscat runs his own fiduciary accounting practice called Unifin.

His name and that of his company appear about 30 times on the database.

“The information I found in the database about Unifin and about me is more or less correct,” he confirmed when contacted.

“We have been involved in the fiduciary and trust business since 1994 and our services include the incorporation of companies in a number of jurisdictions, together with administration, accounting and related nominee services.”

“Since the database does not disclose the identity of any of our present or past clients, I have absolutely no issue with it,” he said.

He denied he was in any way a sham director and insisted that whenever he or his company were listed as directors of another company, none of their decision-making powers were delegated. Otherwise, the director would have no idea of the decisions made by the person delegated with such powers.

“In such cases, the risks are huge and the implic-ations could be far more serious than just tax evasion,” he said.

However, he added, such situations were not restricted to offshore jurisdictions but to all companies, irrespective of their place of incorporation.