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12° Nicosia,
28 September, 2024
 

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Displaying results 1111-1140 of 1471 matches for query investment.

1111. President defends block on audit office

https://knews.kathimerini.com.cy/en/news/president-defends-block-on-audit-office

President Nicos Anastasiades invoked the Constitution during a televised interview, saying the job description of the auditor general, who is currently seeking information on foreign nationals linked to a casino project, does not authorize him to 'have a say in everything'...

1112. EC: Cyprus, Malta golden passport schemes in violation of EU law

https://knews.kathimerini.com.cy/en/news/ec-launches-infringement-procedures-against-cyprus-golden-passports

The European Commission launched infringement procedures against Cyprus and Malta on Tuesday in response to their ‘golden passport’ schemes, and allowed a two-month period for the countries to respond in writing to the Commission’s warning letter....

1113. Police get to work on passport scandal

https://knews.kathimerini.com.cy/en/news/police-get-to-work-on-passport-scandal

Cypriot police appear to have their plate full with three different probes into alleged corruption in the golden passport scheme, with investigators facing their biggest challenge by a shocking Al Jazeera video that dealt the fatal blow in the country’s Citizenship by Investment Programme...

1114. Golden passports pushed forward in Commission agenda

https://knews.kathimerini.com.cy/en/news/golden-passports-pushed-forward-in-commission-agenda

After the Al Jazeera revelations, the Cyprus Investment Program is being pushed into the European Commission’s discussion agenda....

1115. Cypriot minister has one regret over passports

https://knews.kathimerini.com.cy/en/news/cypriot-minister-has-one-regret-over-passports

Finance Minister Constantinos Petrides, who oversaw Cyprus' disgraced golden passport scheme while he was serving as interior minister, says he should have pushed harder to end the program much sooner...

1116. 'Father of the House' calls for calm

https://knews.kathimerini.com.cy/en/news/father-of-the-house-calls-for-calm

AKEL MP Adamos Adamou became the Republic of Cyprus’ new House Speaker on Friday, as well as acting president, following the resignation of Demetris Syllouris amid a passport scandal and a pending investigation...

1117. Game plan to circumvent passport rules

https://knews.kathimerini.com.cy/en/news/game-plan-to-circumvent-passport-rules

Meme culture enthusiasts in Cyprus upped their game this week following a passport scandal reported by Al Jazeera, with catchphrases such as “this is Cyprus” and name dodging tricks seen in a secret video prompting media to spot five ways a lawyer could circumvent the system in the golden passport scheme...

1118. AG: Recent revelations 'shameful' for Cyprus

https://knews.kathimerini.com.cy/en/news/ag-recent-revelations-shameful-for-cyprus

Everything we’ve witnessed, regardless of their legal dimensions, bring shame to Cyprus, attorney general George Savvides said Thursday....

1119. House Speaker resigns over passport scandal

https://knews.kathimerini.com.cy/en/news/house-speaker-resigns-over-passport-scandal

House Speaker Demetris Syllouris resigned on Thursday following public outcry over his involvement in a golden passport scandal exposed by Al Jazeera...

1120. Antonis Polemitis at Digital Agenda Cyprus Summit 2020

https://knews.kathimerini.com.cy/en/news/antonis-polemitis-at-digital-agenda-cyprus-summit-2020

Mr. Polemitis has two decades of experience in higher education, private equity, and software development. He has a deep understanding of global higher education, having served as a CEO, investor, board member, instructor and technology developer in the field. He has been a principal or advisor for a broad range of corporate financings in the United States, Europe, Latin America and India, ranging from multi-billion dollar industrial buyouts to early stage venture capital. He has also led the development of high-scale cloud-based technology platforms in multiple industries....

1121. Syllouris accepts waiving of his parliamentary immunity

https://knews.kathimerini.com.cy/en/news/syllouris-accepts-waiving-of-his-parliamentary-immunity

President of the Cyprus Parliament Demetris Syllouris said Wednesday that he won’t stand in the way of his parliamentary immunity being waved to accommodate a probe launched by local police after a fresh batch of Al Jazeera allegations situated him at the epicentre of a massive corruption scandal involving the island’s golden passports scheme....

1122. Judge in Cypriot passport probe resigns

https://knews.kathimerini.com.cy/en/news/judge-in-cypriot-passport-probe-resigns

Retired Supreme Court Judge Costas Pampallis has resigned from his position as a member of an indepednent investigative committee, a team that was tasked to sift through Cyprus’ golden passport scheme in the wake of corruption scandals and systemic failures...

1123. MOKAS refutes lawyer claim in passport scandal

https://knews.kathimerini.com.cy/en/news/mokas-refutes-lawyer-s-claim-in-passport-scandal

The Republic of Cyprus’ Unit for Combating Money Laundering (MOKAS) has weighed in on the passport scandal following Al Jazeera’s earth-shuttering investigative report on corruption in the island’s Citizenship by Investment programme...

1124. Commission slams Cyprus over passports, mulls infringement procedures

https://knews.kathimerini.com.cy/en/news/commission-slams-cyprus-over-passports-mulls-infringement-procedures

The European Commission expressed “disbelief” over new revelations concerning Cyprus’ investment for citizenship scheme, saying that the body is looking into infringement procedures for Nicosia. ...

1125. House speaker offers public apology

https://knews.kathimerini.com.cy/en/news/house-speaker-offers-public-apology

House Speaker Demetris Syllouris says his mind is made up regarding his position in parliament but will abstain from duties and announce his decision after the conclusion of a probe into passport corruption...

1126. Cyprus suspends golden passport programme

https://knews.kathimerini.com.cy/en/news/cyprus-scraps-golden-passport-programme

The Republic of Cyprus announced unexpectedly on Tuesday that the current Citizenship by Investment Programme would be abolished, following an emergency Cabinet meeting a day after Al Jazeera published a secret video alleging corruption in the island’s golden passport scheme...

1127. Al Jazeera strikes again at Cyprus Papers

https://knews.kathimerini.com.cy/en/news/al-jazeera-strikes-again-at-cyprus-papers

Al Jazeera’s investigative unit struck again on Monday with new Cyprus Papers material, involving a report accompanied by a one-hour video depicting undercover reporters who visited Cyprus and posed as representatives of an imaginary ultrarich investor, Mr X, who was convicted for palm-greasing and money laundering, to ‘test’ whether local authorities would still be willing accept his hefty investment and provide him with Cypriot citizenship....

1128. Passport revocation inquiries move forward

https://knews.kathimerini.com.cy/en/news/passport-revocation-inquiries-move-forward

Cypriot authorities have identified seven individuals or foreign investors who could potentially be stripped of their Cypriot citizenship, after an internal probe pointed to forged documents or misleading information during the golden passport application process...

1129. Cabinet approves revocation of seven citizenships

https://knews.kathimerini.com.cy/en/news/cabinet-approves-revocation-of-seven-citizenships

The Cabinet on Wednesday gave the green light for the initiation of the process for the revocation of Cypriot citizenship granted to seven persons through the Investment Program. ...

1130. EY Cyprus Platinum Sponsor at first Cyprus Forum

https://knews.kathimerini.com.cy/en/business/ey-cyprus-platinum-sponsor-at-the-first-cyprus-forum

1131. Microsoft plans $1 billion data center venture in Greece

https://knews.kathimerini.com.cy/en/business/microsoft-plans-$1-billion-data-center-venture-in-greece

Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....

1132. Spanish FM stresses solidarity with Cyprus, importance of dialogue

https://knews.kathimerini.com.cy/en/news/spanish-fm-stresses-solidarity-with-cyprus-importance-of-dialogue

Spain’s Foreign Affairs Minister Arancha González Laya expressed her country’s solidarity and support for Cyprus in the face of tensions with Turkey in the Eastern Mediterranean....

1133. Greece, US affirm commitment to boosting ties after high-level review

https://knews.kathimerini.com.cy/en/news/greece-us-affirm-commitment-to-boosting-ties-after-high-level-review

Greece and the US on Monday issued a joint statement following a high-level review of the US-Greece Strategic Dialogue that took place in Thessaloniki amid a visit to the northern port by US Secretary of State Mike Pompeo and Greek Foreign Minister Nikos Dendias....

1134. Wealthy Britons turn to Cypriot citizenship

https://knews.kathimerini.com.cy/en/news/wealthy-britons-turn-to-cypriot-citizenship

Interest in additional citizenships by British entrepreneurs is rising even as the European Commission examines possible steps to curb EU states selling passports and visas to wealthy foreigners, due to concerns it can help organized crime groups...

1135. Bad blood continues over golden passports

https://knews.kathimerini.com.cy/en/news/bad-blood-continues-over-golden-passport-probe

A prolonged and bitter dispute between the interior minister and auditor general, over probing Cyprus’ golden passports scheme, was renewed this week following a mini report with details on a number of applications through citizenship by investment...

1136. EP adopts resolution condemning Turkey's EastMed activities

https://knews.kathimerini.com.cy/en/news/ep-adopts-resolution-condemning-turkey-s-eastmed-activities

With 601 votes in favour, 57 against and 36 abstentions, the European Parliament adopted a Resolution condemning Turkey’s activities in the EEZ of Greece and Cyprus, ahead of next week’s extraordinary European Council summit that will focus on the heightened tensions in the eastern Mediterranean....

1137. Von der Leyen: rule of law violations through 'golden passports' won't be tolerated

https://knews.kathimerini.com.cy/en/news/von-der-leyen-rule-of-law-violations-through-golden-passports-won-t-be-tolerated

The European Commission has prepared the first annual report the rule of law in EU member states, to be published later in September, Commission President Ursula Von der Leyen said Wednesday, indirectly referring to the Cyprus Investment Program....

1138. Yiolitis clarifies role in passport applications

https://knews.kathimerini.com.cy/en/news/yiolitis-clarifies-role-in-passport-applications

Cypriot Justice Minister Emily Yiolitis has issued a statement on Twitter concerning her involvement in “golden passports” applications during the time when she was a founding partner at a law firm...

1139. Police request for 'golden passports' documents from Parliament unconstitutional, lawyers say

https://knews.kathimerini.com.cy/en/news/police-request-for-golden-passports-documents-from-parliament-unconstitutional-lawyers-say

Lawyers from whom Parliament requested advice after law enforcement officials said they would crack down on the Cyprus Papers whistleblower(s) said Parliament’s non-compliance with police requests for documents relating to the investment scheme is reasonable, as such a request is “not constitutionally legitimate”....

1140. Passports under the watchful eye of the Commission

https://knews.kathimerini.com.cy/en/news/passports-under-the-watchful-eye-of-the-commission
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