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931. Commission warns Cyprus over lacking anti-money laundering legislation

The European Commission on Friday sent a reasoned opinion to Cyprus for failing to transpose the 5th Anti-Money Laundering Directive (AMLD5) into national law....

932. Woman loses 20 grand in bitcoin scam

A woman in Limassol says she lost over €20,000 after an unknown person convinced her to invest real money in cryptocurrency...

933. Appointment of Directors, Principals, Senior Manager in K. Treppides & Co

The Management of K. Treppides & Co Ltd committed to develop leadership that derives from its own people, who pursue excellence in the provision of high quality specialised and unique services, is pleased to announce the appointment of the following members into the Board of Management with effect 1 October 2020...

934. Supreme Court says Daniela case closed

The Supreme Court has refused to reopen Daniela Rosca’s murder case, a woman who was killed by intruders in her own home in Larnaca, while the convicted mastermind insists he has new information that could exonerate him...

935. Reynders: 'golden passport' schemes must be abolished

The EU Commissioner for Justice Didier Reynders briefed the plenary of the European Parliament on Thursday on the Commission’s decision to initiate infringement proceedings against Cyprus and Malta in view of their ‘golden passports’ schemes which appear to be in violation of EU law....

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

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....

937. 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....

938. 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...

939. Carrot-and-stick approach to Turkey failing, EU envoys say

The European Union's latest strategy to defuse tensions with Turkey is unravelling, two weeks after it was sealed, raising the risk of conflict in the Eastern Mediterranean, diplomats, officials and experts said....

940. MOKAS refutes lawyer 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...

941. 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....

942. 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...

943. Man detained over fake money

A man in Larnaca was arrested in connection with a counterfeit money investigation, after police were told he was visiting shops in the area with fake money in his possession...

944. Man stabs compatriot over loaned money

A man has been arrested in Paphos in connection with a knife attack, with reports saying he stabbed his compatriot who owed him money after he felt insulted...

945. Made in Cyprus ‘Jiu Jitsu’ to launch in US

Jiu Jitsu, a sci-fi movie with Nicolas Cage shot in Cyprus under the new Cyprus cash rebate programme, will be the first film to be distributed by a brand new label set up to push a small number of independent titles in North America...

946. FinCEN Files: Cyprus banks embroiled in dirty money leak

Leaked documents from the Financial Crimes Enforcement Network, dubbed the FinCEN files, have revealed that several of the world’s major banks allowed over 200,000 suspicious financial transactions valued at around $2 trillion to be moved over a period of almost two decades, with 897 of those transactions made by Cypriot banks....

947. Defendants acquitted in teen’s overdose death

A Limassol criminal court has acquitted two more defendants in a teen overdose death back in 2018, saying prosecutors failed to provide sufficient evidence proving them guilty of manslaughter...

948. Law professor takes on manslaughter case

The Russian suspect accused of being behind the death of a Ukrainian man in Paphos has appointed a law professor for his defence, a Cypriot attorney with research interests in criminal procedures...

949. Pompeo 'deeply concerned' over eastern Med

The United States remains 'deeply concerned' about Turkey's actions in the eastern Mediterranean, Secretary of State Mike Pompeo said on Saturday, urging a diplomatic end to a simmering crisis over offshore natural resources...

950. Charges downgraded in Paphos death

The suspect in the death of a Ukrainian man in Paphos has refused to enter a plea to a lesser charge without a lawyer, with the court ordering that he remain in custody until his arraignment hearing...

951. Passports under the watchful eye of the Commission

952. Russia’s top diplomat visits Cyprus

Russian Foreign Minister Sergey Lavrov is flying to the Republic of Cyprus on Monday where a new agreement is expected to be signed on the avoidance of double taxation between the two countries...

953. Girlfriend arrested in Larnaca murder case

A woman linked to a slain Romanian man in Larnaca has been arrested on suspicion of withholding information in a criminal investigation...

954. US urges everyone to stand down in East Med

The United States is urging “everyone to stand down” in ongoing disputes about drilling and maritime rights in the East Mediterranean, Secretary of State Mike Pompeo said on Wednesday...

955. Washington lifts Cyprus arms embargo

Washington has announced a partial lifting of a decades-old arms embargo to the Republic of Cyprus, with Turkey saying the decision ignores equality and balance between the two sides on the divided island...

956. Nigerian students say north is safe

Following danger warnings and criticism against Turkish Cypriot colleges, Nigerian student representatives in the north have refuted reports of mysterious and unsolved killings of fellow countrymen on the island...

957. Fake marriage behind Larnaca murder

A marriage of convenience could be behind the disappearance and death of a Romanian man, after it emerged that his alleged killer had married the victim’s girlfriend to get a visa in exchange of money...

958. Cyprus takes a stab at Al Jazeera 'propaganda'

The daily publication of reports by the foreign media network Al Jazeera targeting the Cyprus citizenship-for-investment programme after gaining possession of over 1,400 leaked documents has sent the Cyprus government rushing to set the record straight....

959. Apollo CEO investigated over Epstein ties

The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...

960. Cyprus police looking into Al Jazeera document leak

Cyprus law enforcement officials have been investigating since June 3 how the foreign media network Al Jazeera, that has this week published a series of articles and videos on the island’s citizenship-by-investment program, got hold of the leaked documents on which it built its exposé....