The norma Duval’s husband had all the control, but in the shadows, in the background, investigations show. The well-known German real estate developer Matthias Kühn took precautions in leading the corporate structure allegedly created to disguise his wealth and to avoid the debt of more than 21 million euros with the Treasury.
The German tycoon asked his closest associates on more than one occasion to that his identity should not appear in documents, invoices and companies, despite the fact that he actually managed every detail of his companies, according to the investigations.
In one of the emails analyzed by the tax office, Matthias Kühn tells his son Nico: “You also need Eira’s European VAT number. In all documents (…) my name should disappear and only you and your company should appear…”“.
The German businessman, who is being investigated along with his two sons, advisors, front men and collaborators for allegedly asset forgery, procedural fraud and punishable insolvencyin the exchange of messages with Nico, he refers to the company Company Eira 2019 SL.
This company, incorporated in 2019, as detailed by the investigators of the State Agency of Tax Administration (AEAT) and the Anti-Corruption Prosecutor’s Office of the Balearic Islands, is a dormant companythat is to say, an entity that, despite having been created in accordance with the applicable regulations, so that it is legally constituted, for various reasons does not actually operate in practice.
Although the purpose of the constituted company was the acquisition, subdivision, urbanization, development, sale and lease of land and real estate properties of any kind, did not develop during one year any legal operation with third parties.
In July 2020 was when the control of this entity by Matthias Kühn and his entourage began, as highlighted by the Treasury. At that time, several deeds were notarized. They state that the two sons of the real estate tycoon, Marco and Nico, acquired all the shares of the company. In addition, the previous administrator was removed and Nico was appointed as the new sole administrator of Compañía Eira 2019 SL.
With his children at the helm, Kühn was the one who actually managed the company and carried out all kinds of transactions, according to the investigations. For example, at the beginning of 2023, the businessman sends Nico a sample loan template for him to fill out in order to justify a transfer of 100,000 euros.
The researchers point out that there is a “important patrimonial confusion“when examining the Eira Company entity.
He gets angry with the Treasury
In May 2023 Matthias Kühn shows his anger when the tax office sends a notice to the tax authorities to the company. The tycoon contacted one of his most trusted advisors, the commercial lawyer Jorge Sainz de Baranda, to whom he sent an email: “Good morning Jorge, now the IRS is getting involved with Nico and Marco’s company …. It seems untrue! So they are going to discredit and close it down. Can’t they defend themselves against these actions (…) somehow, because Eira doesn’t owe anything at all? Hug. Mattthias.”
Norma Duval’s husband also messages with his son Nico via WhatsApp and repeatedly asks the young man for the details of the Company Eira 2019 SL to issue invoices.
The real estate entrepreneur is cautious and does not overlook a single detail. Thus, for example, a vehicle Porsche Cayennewhich was found in Kühn’s home during the search of his residence in the Genova district of Palma in March 2024, is registered in the name of the company Tagomago Island S.A since September 2021.
The tycoon notices that a receipt from the workshop where the SUV was to be serviced in Palma at the end of 2023 lists his name and surname as a customer. Then, Kühn reacts and sends a message to a collaborator in January 2024: “They should also constantly write Tagomago’s data, including you as a contact person. My name had better get out of there“.
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