"Mistakes were made," Cyprus minister says on passports uproar


FILE PHOTO: Cyprus' Finance Minister Harris Georgiades addresses an audience during the Annual Meeting and Business Forum of European Bank for Reconstruction and Development's (EBRD) in Nicosia, Cyprus May 11,2017. REUTERS/Yiannis Kourtoglou/File Photo

NICOSIA (Reuters) - Cyprus's finance minister acknowledged on Tuesday that some mistakes were made in offering citizenship for investment after disclosures about beneficiaries triggered uproar on the Mediterranean island.

A Reuters investigation published in October revealed that wealthy relatives and allies of Cambodian Prime Minister Hun Sen have been buying foreign citizenship, with eight members of his inner circle receiving Cypriot passports.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read