Cyprus suspends its Citizenship by Investment Program after big accusations
Thursday, 15th October 2020

Giovanis on Tuesday quit his seat in the Cypriot Parliament and resigned his responsibilities as a member of the communist-rooted AKEL party.
Cypriot Attorney-General George Savvides stated that he commanded police to conduct an in-depth police inquiry” to determine if any criminal acts had been performed.
European Commission spokesman Christian Wigand announced the bloc’s governing body is looking into launching infraction proceedings against Cyprus.
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