A team of 24 U.S. experts, including FBI agents, have arrived in Cyprus to investigate reports implicating the island in sanctions busting by Russian oligarchs, Government spokesperson Konstantinos Letymbiotis confirmed on Monday.
Only Cyprus could attract a storm cloud of dirty money allegations that dumps toxic financial bombs on its reputation as an investment destination. Although the torrent of leaked documents unleashed by the
The latest investigation by the International Consortium of Investigative Journalists (ICIJ) shed light on Russia’s “long-standing hegemony” over Cyprus’ deeply intertwined political and financial worlds. The Cyprus Confidential investigation discloses how 67
By Sandra Nebritova The recent sanctions imposed on a number of Cypriot companies and individuals has cast yet another shadow on our beautiful island. As reported previously, the sanctions have been imposed
The US have sent the Republic of Cyprus a second report containing details on Cypriot sanction busters, following an 800-page report sent earlier in the month, while some 400 employees of sanctioned
Cypriot ‘’financial fixers’’ have been sanctioned by the UK and the USA for allegedly helping Russian oligarchs hide their assets following sanctions imposed on Moscow over Ukraine. Ten Cypriot “oligarch enablers” have
Finance Minister Constantinos Petrides has refuted claims by US news channel CBS that Cyprus is not effectively enforcing EU sanctions against Moscow because it’s a haven for the money of Russian oligarchs.
A US broadcaster has turned the spotlight on Cyprus’ connection with Russian oligarchs, calling it the weak link in European Union efforts to impose sanctions on Kremlin allies. CBS ‘60 minutes’ reporter
Four dubious Russian oligarchs with close ties to President Vladimir Putin have obtained a Cypriot passport, according to a Cyprus Green MP, calling on authorities to revoke their citizenship. Green MP Alexandra
The impact of Russia’s invasion of Ukraine is now reflecting in the net worth of the country’s elite business people known to control vast fortunes, as the economic sanctions imposed by the