News Local Committee releases report on naturalizations of foreign investors

Committee releases report on naturalizations of foreign investors

A three-member committee that investigated the naturalizations of foreign investors, yesterday released its findings. Its report referred to almost non-existent control, mentioning that politically exposed persons, persons wanted by the Interpol or wanted for scandals could get the Cypriot citizenship.

The report was redacted, with names and other data being blocked out to protect personal data.

The committee examined 42 cases and all apart from two (involving seven citizenships), met the government’s criteria.

For the remaining cases, in which the Cypriot passport was taken either under false pretenses or by concealing vital information from the authorities, the committee recommended stripping of citizenship and referring them to the attorney general.

Moreover, the committee recommended rescinding the citizenships of 12 people who are wanted by the authorities in their countries.

Finally, the committee suggested that for the remaining five cases and for any other high-risk case ongoing monitoring of the investors.

The report is accompanied by a statement of the President of the Republic reiterating that everything redacted from the report will be released after the investigations are over, with the only exception being issues related to personal data.


Top Stories

Action plan drafted for gradual unlocking of covid measures

Health experts advising the government on covid-19 have expressed cautious optimism that the strict restrictive measures currently in effect should be lifted by end...

Church and bagels to go: Biden’s first White House Sunday

President Joe Biden attended a church service in Washington's Georgetown neighbourhood and stopped for bagels at a hot pink shop named "Call Your Mother"...

Navalny supporters protest his arrest, in Moscow

Law enforcement officers detain a woman during a rally in support of jailed Russian opposition leader Alexei Navalny in Moscow, Russia January 23, 2021.

Police still looking for young man missing from mental hospital

Police are still looking for a 20-year-old man missing from Athalassa Psychiatric Hospital in Nicosia since Saturday afternoon. He is Theodoros Topouzides (top photo) from...

Mainly fine on Monday with high cloud in the afternoon

Mainly fine on Monday with high cloud in the afternoon and light to moderate north-easterly to south-easterly winds blowing at a force of 3...


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...