Cyprus’ Law Office has released the final report of the Inquiry Committee probe into the issuing of passports under the citizenship for investment scheme that ran from 2007 to November 2020. The
Cyprus on Friday filed its first criminal prosecution in its controversial passport-for-investment scheme abolished last year over corruption allegations, the state legal service said. “The first criminal case concerning the naturalisation of
The head of the anti-money laundering unit, MOKAS, told the ongoing probe into the ‘golden passports’ saga, that files regarding cases of applicants were leaked by the Interior Ministry to service providers,
By Michael Olympios Before Cyprus’ citizenship scandal became an international embarrassment, there was evidence hidden in plain sight the government was involved in selling passports to the highest bidder. Jho Low was
By Antonis Loizou I have been following the reports and aftermath of the passports issue and the corruption involved that has targeted the Republic of Cyprus Republic in recent months and it
Attorney-General George Savvides has given reassurances that nothing will be swept under the carpet during investigations into corrupt procedures for granting Cyprus passports to foreign investors via the Citizenship for Investment Scheme.
Cyprus was slammed by Brussels on Tuesday for “undermining” EU citizenship with what it called an “illegal golden visa” scheme for wealthy foreign investors. The European Commission has launched legal action against
Business groups have turned from defenders to critics of the controversial ‘citizenship by investment’ scheme abolished by the Anastasiades administration on Tuesday but are calling on the government to reinstate a stricter
After 13 years, Cyprus is scrapping its maligned Cypriot citizenship scheme for foreign investors next month as it is no longer fit for purpose. Cypriot government spokesman Kyriacos Koushos made the announcement
Cyprus Citizenship for Investment Scheme is under scrutiny once more following revelations the cabinet approved the naturalisation of 42 relatives of a Saudi businessman with friendly ties to the President. The case
