Mokas had around 270 requests to check passport applicants
The anti-money laundering unit (Mokas) received around 270 requests to check individuals and transactions relating to the island’s citizenship by investment programme, the majority after...
MOKAS
Mokas seeking assets worth nearly €400,000 from defendants in waste management case
The state’s anti-money laundering unit (Mokas) on Tuesday requested assets worth €372,600 to be seized from four defendants — including former Larnaca mayor Andreas Louroudjiatis...
Anastasiades and law firm cleared by Mokas in Troika Laundromat allegations
Anti-money laundering unit Mokas on Friday said it did not find any involvement in illegal activities by the former law firm of President Nicos Anastasiades as...
Mokas says passport scheme outside its remit
THE anti-money laundering unit Mokas said Friday the island’s citizenship scheme did not fall under its remit after recent reports said it had been involved...
Anti-money laundering unit irked by doubters
The anti-money laundering unit Mokas expressed its displeasure on Friday over suggestions that it would not carry out a credible investigation into a report linking...
Mokas has approached president’s former law firm in wake of OCCRP report
The anti-money laundering unit Mokas said Wednesday it had already asked President Nicos Anastasiades’ former law firm for information regarding a report linking the company...
Anastasiades law firm calls on money laundering authority to investigate OCCRP claims
The anti-money laundering authority, Mokas, was on Tuesday asked to investigate the claims of the OCCRP against the Nicos Chr. Anastasiades law firm, by the...
Billions lost in cash crackdown on money laundering
EVEN depositing the cash received for your wedding, a fairly simple banking task in the past, has apparently become arduous in recent days, as lenders...
Reports about reluctance to investigate Browder’s complaint irritate Cyprus
By Stelios Orphanides The head of anti-money laundering unit Mokas said on Thursday that press reports about Cyprus’s alleged reluctance to investigate complaints about the...
UK MP blasts Cyprus for co-operating with Russia, MoJ insulted (Update 1)
A British lawmaker claimed Cyprus “actively” obstructs a global money laundering investigation involving Russia and the UK should therefore seek to downgrade it to non-compliant...
FBME: Assad’s WMD front company implicated in Magnitsky case
A report drafted by the accounting firm Ernst & Young (EY) on FBME Bank (Cyprus) in 2014 appears to implicate Balec Ventures Inc, a front company linked...
Shattered careers and ill-health mitigating factors in Sapa case
The anti-money laundering unit, Mokas, has launched procedures to seize property belonging to five individuals, including former Edek MP Fidias Sarikas, found guilty of...
Cypriot banks, firms also involved in the “Russian Laundromat”
Cypriot banks and companies registered in Cyprus are involved in one of the world’s largest financial fraud schemes which allowed criminals to launder more than...
Victims of Kazakh kleptocrats ask Cyprus to freeze stolen assets
A group of Kazakh exile dissidents said they have asked Cypriot authorities to freeze assets worth tens of millions of euro held by the widow...
AG reviewing report on former top tax collector, Mokas chief says
The head of Cyprus’ anti-money laundering squad Mokas, Eva Papakyriacou, said that Attorney General Costas Clerides is currently reviewing a case about a former top...
Justice minister, MOKAS exchange words over leaks issue
Taking offence over a reference made by the justice minister, the anti-money laundering unit MOKAS on Thursday categorically rejected that it had ever leaked information...
Our View: And we wonder why Cyprus is still linked to money-laundering
WHEN Cyprus had sought financial assistance from the EU in 2012, during the bailout talks there were many reports in the German media labelling the...
MOKAS acquires new system to battle money laundering
The Unit for Combating Money Laundering (MOKAS) has acquired from the UN a new system for the implementation of the project entitled “Strengthening MOKAS Capacities...
Anti money-laundering unit warns public of ‘mule’ scams
The Anti-Money Laundering Unit (MOKAS) on Wednesday issued a warning to the public over online fraud involving ‘money mules’ or ‘smurfs’ as the term is...
Central Bank in charge of FBME’s fate
By George Psyllides THE ENFORCEMENT of anti-money laundering (AML) measures is the exclusive responsibility of the Central Bank (CBC), the anti-money laundering unit MOKAS said...