Newsroom
A well-known Nicosia businesswoman, members of her family, and a convicted inmate are among five people now facing serious criminal charges in a widening money laundering investigation that has rocked the local community.
Police confirmed the arrests as part of an ongoing probe into alleged corruption, illegal possession of property, and laundering of illicit funds. A sixth suspect, 40-year-old Fanis Omirou, remains at large. Authorities have released a description and are asking for the public’s help in locating him.
The group appeared before court this week, where they faced a string of charges, including:
- Conspiracy to commit a felony and misdemeanor
- Violations of the Prevention of Corruption Law
- Unlawful possession of property
- Multiple counts under the Money Laundering Act
One of those arrested is a 37-year-old woman widely known in Nicosia’s business and social circles. She is believed to have close ties to an inmate already serving time at Central Prison, an angle that investigators are now examining closely.
Authorities carried out extensive searches on Thursday, June 26, at several homes and inside the Central Prisons. According to sources close to the investigation, they seized nearly €300,000 in cash along with other key evidence believed to be linked to the case.
The police are now actively searching for Omirou Fanis, who is described as 40 years old, about 1.75 meters tall, with an average build and short gray-black hair. Anyone with information on his whereabouts is urged to contact the Crime Investigation Department or call the Citizen’s Line at 1460.
The investigation is ongoing, and more developments are expected in the coming days.
