In April 2007, the developer announced that it had sold the mall to an unnamed “foreign investor.”The buyer was UAB Nude Estates 2, a Lithuanian company. Between 2007 and 2012, UAB Nude Estates 2 was owned by a similarly named Maltese offshore company, Nude Estates Malta Ltd. Leaked registry documents show that Bono is listed as one of three owners of Nude Estates Malta, along with a man named Robin Andrew Barnes and Patrick Gerard McKillen. In 2012, ownership of the Lithuanian company was transferred to another offshore, this time in the British Crown Dependency of Guernsey, called Nude Estates I Ltd. In its 2007 financial records, the Lithuanian company, Nude Estates 2, stated that its fixed assets were valued at 19.6 million Lithuanian Litas, then worth about $7.7 million (U.S.).

Source: thestar November 05, 2017 19:52 UTC