Cyprus abolishes citizenship through investment programme

Al Jazeera English published this video item, entitled “Cyprus abolishes citizenship through investment programme” – below is their description.

Cyprus has announced it will abolish a controversial passport scheme following an investigation by Al Jazeera that revealed how high-ranking politicians were willing to issue passports to convicted criminals. The interior and finance ministries said in a statement posted in Greek on Twitter that the citizenship through investment programme in its current form will be abolished from November 1. “The proposal was based on the longstanding weaknesses but also on the abusive exploitation of the provisions of the program,” Tuesday’s statement said. On Monday, Al Jazeera’s Investigative Unit released The Cyprus Papers Undercover, which showed the willingness of parliament speaker, Demetris Syllouris, and member of parliament, Christakis Giovanis (also known as Giovani in Cyprus), to aid and abet convicted criminals to obtain a passport through the Citizenship Investment Programme (CIP). –

Al Jazeera English YouTube Channel

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About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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In This Story: Cyprus

Cyprus, officially called the Republic of Cyprus, is an island country in the Eastern Mediterranean.

The Republic of Cyprus is de facto partitioned into two main parts: the area under the effective control of the Republic, located in the south and west and comprising about 59% of the island’s area, and the north, administered by the Turkish Republic of Northern Cyprus, covering about 36% of the island’s area. Another nearly 4% of the island’s area is covered by a UN buffer zone.

The Sovereign Base Areas of Akrotiri and Dhekelia, remain under the UK’s control according to the London and Zürich Agreements.

The Republic of Cyprus has been a member of the Commonwealth since 1961 and joined the European Union on 1 May 2004.

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