Source: CNA
Seven passports issued under the Cyprus Investment Programme (CIP) were revoked by the Council of Ministers on Wednesday, as announced by Interior Minister Nikos Nouris today.
Speaking after today’s meeting, Nouris said that the passports were granted to four investors and three of their family members. He explained that the Cabinet’s decision is based on the findings of the Investigative Committee, the sanctions imposed by the EU and the current legislative framework.