Cyprus Mail
Cyprus

Voudouris in custody of Cyprus police

Michael Voudouris

By staff reporter

A man wanted in Scotland for tax evasion has been detained by police after he was released by the Turkish Cypriot breakaway state in the north of the island, it emerged on Friday.

Michael Voudouris, 46, fled to the north of the island in October 2012 after pleading guilty to a €12.6 million (£10.3 million) tax fraud.

He was released on bail but ended up doing a runner to the breakaway regime in the north which has no extradition treaty with Britain.

Voudouris had been on the run for 14 months before police arrested him in a restaurant in Famagusta, reports said.

On Friday, police said Voudouris was in custody in the Republic but could not provide any other information regarding his extradition to Scotland.

Scotland’s Daily Record said Voudouris appeared on top 10 most-wanted list of tax dodgers.

He laundered millions of pounds stolen by Glasgow computer firm Q-Tech Distribution in a carousel VAT fraud.

Voudouris stashed fortunes in bank accounts in Cyprus, Greece and Switzerland, the Daily Record said.


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