Cypriot parliament speaker Demetris Syllouris has lashed out at the Al Jazeera network, saying it tried to snare him in an undercover investigation into ‘golden passports’ under the Cyprus Investments Scheme. The
An Audit Office probe into the citizenship for investment scheme said the process lacked due diligence while it should cease offering family members of wealthy investors a Cyprus passport. It said handing
The generally accepted dictionary meaning of the word treason is “the breaking of moral commitment for personal benefit, cause of damage by fraud and damage to one’s country”. We will concentrate on
Cyprus Attorney-General George Savvides appointed a four-member investigating committee on Monday to look into all citizenships granted to foreign investors since 2007 when the maligned scheme was launched. Savvides appointed the former
The ‘Cyprus Papers’ revealed by Al Jazeera that humiliated the administration should be a wake-up call to everyone on this island that the goose that lays the golden egg has long gone.
Cyprus said it would look into new allegations it sold passports to criminals but has denied any wrongdoing after incriminating evidence was published by global media outlet Al Jazeera. Nicosia has refuted
Cyprus will be introducing a new generation of biometric passports from 30 July, replacing the older version but people are having to wait for a new ID card. The Civil Registry and
Nicosia is set to revoke Cyprus citizenship from at least 26 suspect investors as soon as the House of Representatives passes a law on tighter controls approved by cabinet earlier this week.
Economists, more so politicians, seem to be upset over the ‘unfavourable’ and negative publicity Cyprus is once again exposed to in the foreign media over the haphazard way passports have been dished
A European money-laundering watchdog has warned that a secretive investment-for-passports scheme run by Cyprus was vulnerable to money laundering and fraught with risk. Cyprus welcomed the report saying it highlights the progress
