A leaked recording that appears to show senior officials discussing ways to bypass campaign spending limits and trade charitable donations for political access has triggered high-level resignations and a criminal investigation in Cyprus.
Records obtained by reporters show many national authorities in the EU are not reading alerts sent via European Commission’s notification portal
The attacks are “one of the worst” recorded, according to Qurium, which hosts CIReN.cy
The decision to suspend Christos Christodoulides’ license to practice law comes after an investigation by CIReN and OCCRP, which detailed years of his legal issues including immigration fraud convictions in both Cyprus and the U.K.
The Istanbul Chief Public Prosecutor’s Office has launched a money laundering investigation into two Turkish companies owned by Turkish Cypriot fintech entrepreneur Ozan Özerk.
The first hearing was held today in Limassol involving a company that is accused of failing to pay 26 million euros in taxes and interest for superyachts once used by Roman Abramovich, a Russian billionaire sanctioned for his ties to the Kremlin.
The investigation dates back to payments Abramovich made in the 1990s to maintain control of a Russian oil company.
Former directors of a company linked to Roman Abramovich’s superyachts are due in court in October for enabling tax evasion, Cyprus’ tax commissioner confirms.
New law fuels casino boom in the northern part of Cyprus, turning the breakaway area into a gambling hotspot amid lax oversight and rising money laundering concerns.
As Ukrainian cities face relentless Russian bombardment, Kyiv has sanctioned a Cyprus-based gambling empire allegedly funneling millions to Russian-linked owners behind the online casino Pin-Up. The Ukrainian owner denies the allegations.
