First Lady resigns from charity fund as secret video triggers Cyprus political turmoil

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A secretly recorded video has plunged Cyprus into political turmoil, allegedly showing senior officials discussing campaign financing methods and sanctions evasion just one day after the country assumed the EU presidency.

The footage features former energy minister Giorgos Lakkotrypis, presidential office director Charalampos Charalambous and Cyfield executive Giorgos Chrysochos discussing funding President Nikos Christodoulides’ campaign through cash or donations to a social support fund managed by First Lady Philippa Karsera.

The government dismissed the video as a “malicious montage” and “hybrid activity,” challenging anyone with evidence of bribery to present it to authorities.

Amid mounting pressure, Karsera announced she would step down from the management committee of the Independent Social Support Agency, citing an “unrelenting attack” against her and her family on social media and confirming she had sought legal advice.

Opposition parties have demanded explanations, with AKEL criticising the delay in her resignation and questioning why senior officials remain in office.

A 2025 audit found the fund lacked transparency over private donations, while coalition partners are reportedly considering withdrawing support ahead of parliamentary elections in May.

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