Turkish FM Fidan to ‘raise issue’ of Israelis buying properties in north
Turkish Foreign Minister Hakan Fidan said on Wednesday he will “raise the issue” of Israelis buying property in the north with the Turkish Cypriot authorities....
Money laundering
ICIJ report into Russian money ‘nothing to be proud of’ says president (Update)
The government said on Wednesday that police were already investigating most of the cases in the ‘Cyprus Confidential’ report released a day earlier by the...
Cyprus linked to international fraud and money laundering scheme
Cyprus may be embroiled in a €15 million international fraud and money laundering scheme, suspected of obtaining EU funds for IT projects with false invoices,...
Man wanted in Austria arrested in Larnaca
Police on Tuesday in Larnaca arrested a 29-year-old man against whom a European warrant was pending. According to the police officers in collaboration with investigators...
Cypriot passport holders back in dock in Singapore
The two Cypriot passport holders and eight others accused of involvement in a major money laundering operation appeared in a Singapore court again on Wednesday,...
Cypriot passport holders arrested for suspected money laundering (Update 3)
Two Cypriot passport holders were arrested in Singapore as part of a suspected money laundering bust it emerged on Thursday, spurring Cyprus’ interior ministry to...
Cyprus makes ‘some progress’ stamping out money laundering
Cyprus has made “some progress” in implementing anti-money laundering measures, but it still needs to improve on certain aspects, a Moneyval report released on Tuesday...
Woman arrested after illegal transfer of €1.5 million
A 51-year-old woman was arrested on Tuesday in Limassol for allegedly transferring around €1.5 million from her company’s account to another account without authorisation. According...
Credit Suisse found guilty in cocaine cash laundering case
Credit Suisse CSGN.S was convicted by Switzerland’s Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country’s first...
Global dirty money watchdog removes Malta from its grey list
The world’s money laundering and terrorist financing watchdog (FATF) said on Friday that Malta was no longer subject to its increased monitoring process, a decision...
