---
title: "ISLETS DEVELOPMENTS COMPANY LTD. — Ownership Dossier"
canonical: https://whiteintel.dev/entity/fcf560d5-1635-50a7-926b-100b62d7db36
json: https://whiteintel.dev/api/public/dossier/fcf560d5-1635-50a7-926b-100b62d7db36
identifier: icij:icijol-55000587
jurisdiction: MT
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# ISLETS DEVELOPMENTS COMPANY LTD.

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55000587`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/fcf560d5-1635-50a7-926b-100b62d7db36  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/fcf560d5-1635-50a7-926b-100b62d7db36  

## Ownership & control

### Owners / controllers

- **DAVID VELLA** (shareholder of) — https://whiteintel.dev/entity/a2b2072b-b8a7-5964-b46f-3ed07e6520a7
- **GODWIN VELLA** (shareholder of) — https://whiteintel.dev/entity/2a1f715a-4114-5b64-a657-c0ebd3fde4db

### UBO chain (walk to the ultimate owner)

A **5-step** ownership/control chain to the ultimate beneficial owner is resolved for this entity. The full cited chain unlocks with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Exposure (derived from the ownership graph)

**2** owners upstream in this entity's ownership/control chain are flagged — a sanctions hit or a secrecy jurisdiction — an investigative lead by resolved identity, not a legal determination. The contributing parties and the hop-by-hop path unlock with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/55000587

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **ISLETS DEVELOPMENTS COMPANY LTD.**. Human view: https://whiteintel.dev/entity/fcf560d5-1635-50a7-926b-100b62d7db36 · Structured JSON: https://whiteintel.dev/api/public/dossier/fcf560d5-1635-50a7-926b-100b62d7db36._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._