![]() Nimish Pandya’s Streamcast was later found to have built a network of shell companies, which only used its Maltese venture to hike up its value before being sold for €2 million in 2019.Ī related, Irish company, Streamcast Technologies Holdings, held a shareholding interest from audit firm Nexia BT partners Brian Tonna, Karl Cini and Manuel Castagna – auditors in the Panama scandal that implicated former energy minister Konrad Mizzi and one-time chief of staff Keith Schembri.Ī court had ordered Streamcast, which did not even file a court response, to pay over €422,000 to Enemalta for leasing space at the Marsa power station for a data centre, whose server farm project never materialised. Originally the Cloud operator was slated in 2017 to be part of a €75 million secure data centre inside Enemalta’s extensive underground infrastructure at the Marsa site – a project which failed to materialise. Its technological equipment and other office infrastructure in the Marsa power station chamber will go on sale by court auction to recover part of the monies owed to Enemalta. The Indian company was ordered years later by a Maltese court to pay Enemalta €400,000 in contractual dues. ![]() ![]() Enemalta is selling over €458,000 in equipment abandoned by an Indian tech company at a deserted underground chamber in the old Marsa power station.Įnemalta’s action is intended to recover money it is owed by the Indian-owned video streaming business, Streamcast, which closed shop in under a year before paying its dues. ![]()
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