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Cyprus: Anastasiades Comes Under Suspicion

Published: April 2, 2013; 10:37 · (Vindobona)

President Nikos Anastasiades is in dire straits as he is accused of having transferred huge amounts of money to foreign countries and having warned relatives. In the meantime, the austerity package is almost set.

The Cyprian prosecution is assessing reports where it shows that enterprises have transferred high amounts of money outside of the country after having been warned by insiders. The total runs up to approx. € 700m. According to Greek media reports, 136 enterprises are suspected. Among them is, according to Cyprian communist newspaper “Charavgi”, the family of President…

This article includes a total of 454 words.

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