Cyprus is at the centre of an exorbitant US $600 million alleged fraud case against controversial Russian-born Israeli businessman and arms dealer Arcadi Gaydamak.
This is what Philenews reported on Friday, citing a TV documentary aired recently on Israel’s popular Channel 12.
The 70-year-old businessman’s lawyers have apparently reported to Cyprus authorities that a person of his trust had deceived him, transferring to a bank account here on the island the disputed amount.
The person in question allegedly has Cypriot citizenship as well but Gaydamak’s lawyers refused to give further details on this.
The complaint was filed last week at Nicosia’s Police Headquarters and is reportedly accompanied by evidence and documents.
The alleged crime was planned in Luxembourg and executed through Cyprus with Gaydamak’s lawyers also filing complaints in authorities both in Luxembourg and Israel.
