News Local Audit Office launches probe on Cyprus' Investment Programme

Audit Office launches probe on Cyprus’ Investment Programme

Cyprus’ Audit Office announced on Friday that it will launch a probe on the Government’s Investment Programme that came under fierce criticism especially following reports on the Cyprus Papers by Al Jazeera.

The Government described Al Jazeera’s stories as propaganda meant to harm Cyprus politically and economically.

Today the Audit Office said that initially the investigation will cover citizenships granted after May 21, 2018 when decisions for changes were taken by Cabinet regarding the Investment Programme.

The Audit Office explains that based on findings, the investigation might cover other periods as well. Efforts will be made for the conclusion of the audit the soonest, it was added.

In a press conference last Wednesday Interior Minister Nicos Nouris said that the ministry’s citizenship unit has checked out the 117 persons published by the network who were granted citizenship.

He clarified that the said persons were compliant with the Cyprus Investment Programme’s criteria and were holders of a clean criminal record from their country of origin or their country of residence at the time of their application’s submission.

He added that during the examination of their applications no incriminating data came up against them out of the checks conducted by Cypriot authorities and Interpol alike.


Top Stories

Coronavirus: 109 new cases, two deaths on Tuesday

The Health Ministry on Tuesday announced the death of two people in Cyprus due to Covid-19. This raises the Mediterranean island’s death toll from the...

Health Minister to announce process of covid measures relaxation on Wednesday

Health Minister Constantinos Ioannou on Wednesday will announce the way the strict coronavirus measures now in effect in Cyprus will be gradually relaxed after...

Scientists in Greece find 20 million year-old petrified tree

Greek scientists on the volcanic island of Lesbos say they have found a rare fossilized tree whose branches and roots are still intact after...

Turkey bans parties at ski resorts after Covid curfew backlash

Turkey has banned music and parties at ski resorts after footage of crowded party scenes provoked anger in a country which has endured two months...

EMGF Agreement set to be ratified on Thursday

The House Foreign Affairs Committee on Tuesday decided to speed up the ratification of the Intergovernmental Agreement on the Statute of the East Mediterranean...


Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...


No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...