Cyprus Authorities To Check Over 2 Thousand ‘Golden’ Passports
The Cyprius authorities do not rule out a possibility extension of the black list of owners of « golden passports » of the country, said Interior Minister Constantinos Petrides. According to local publication Philnews, the auditors have to check about 2 thousand more foreign investors and members of their families who received citizenship of Cyprus before 2018.
According to Mr. Petrides, in relation to some of the defendants, the authorities have already begun collecting information, while they have requested the necessary information for others. The minister did not specify exactly what information was requested. He noted that he did not count on a quick revocation of citizenship from those who were blacklisted. “Immediate cancellation is not easy,” Cyprus Mail quoted him as saying.
Recall that on November 6, the Cyprus government decided to revoke the citizenship of 26 people who received it under the Citizenship for Investment program. According to local media, nine citizens of Russia, one Malaysian, two Kenyans, five Chinese, one Iranian and eight Cambodians lost their “golden passports”. Names of persons who have lost Cypriot passports are not specified.
The day before, the President of Cyprus, Nikos Anastasiadis, promised to take away citizenship from those who received it by mistake as part of the verification of the citizenship program in exchange for investments. Such cases, he said, are few, but one of them refers to the internationally wanted Malaysian financier Joe Low, accused of withdrawing billions of dollars from the state investment fund.