Cyprus’ President recruits foreign experts to investigate Russian sanction evasion

·

Cyprus’ president, Nikos Christodoulides, has personally requested an unnamed “third country” send an experienced team of financial crime experts to assist with investigations into old and new allegations regarding Russian oligarchs evading international sanctions.

This comes after a global investigation by the International Consortium of Investigative Journalists (ICIJ) released last week revealed how Russian influence in Cyprus has helped oligarchs and billionaires structure their wealth over the years in the lead up to the 2022 full-scale invasion of Ukraine.

ICIJ-Cyprus-Confidential.-Photo-ICIJ-1.jpg
ICIJ Cyprus Confidential. Photo: ICIJ.

According to Ekathimerini, President Christodoulides told The Associated Press on Monday that “many” probes into alleged sanctions evasion are currently running but did not disclose details.

President Christodoulides stated that recruiting foreign experts will advise Cyprus on how to conduct their investigations more effectively.

“Our aim is exactly so that there are neither insinuations or any shadows cast over our country’s name,” President Christodoulides said.

Source: Ekathimerini

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Dr Christos Theologos: ‘Dance keeps us bound to our roots, from Chios to Sydney’

As part of the Zeibekiko Festival Australia, respected folklorist Dr Christos Theologos will lead a series of lectures and workshops.

South Melbourne turns to supporters ahead of Australian Championship kick-off

The opening clash of the Australian Championship will be an event shaped by the voices of the fans themselves.

Low birth rates and ageing: The silent enemy of the Greek nation

From the late 1990s it had become clear to Greek demographers and social scientists that the number of births in Greece was falling.

Peta Trimis: The new star of Australian football with a Hellenic soul

At just 19 years old, Peta Trimis is already being hailed as one of the brightest young stars of Australian football.

A second chance at life: Angelo Alateras’ journey from mechanical heart to transplant hope

After years on life support, 80kgs lost, and 615 days of physio, Angelo finally received the gift of a new heart.

You May Also Like

Hellenic Writers’ Association of Australia announce new Executive Board

The Hellenic Writers’ Association of Australia has announced the reorganisation of its Executive Board following resignations.

Oakleigh Grammar students inspired by annual Blessing and generous gift

Oakleigh Grammar School Community gathered for the Annual Blessing of Waters at the commencement of the New Academic Year. 

Irene Stergos named finalist for the Viatris Pharmacy Student of the Year

Irene Stergos has been named as a finalist for the prestigious Viatris Pharmacy Student of the Year by the Australian Pharmaceutical Society.