Cyprus Times

Political Storm Erupts in Cyprus Over Leaked Video Alleging Cash-for-Investment Scheme

Published January 9, 2026, 10:18
Political Storm Erupts in Cyprus Over Leaked Video Alleging Cash-for-Investment Scheme

A leaked video showing government officials, businessmen, and investors discussing cash-for-investment schemes has sparked a political storm in Cyprus. Parties and the political world are demanding explanations and transparency, with DISY reviving its proposal for the creation of a First Lady's Fund. The government has provided some explanations, but they have not convinced the opposition. The video raises questions about potential corruption and opacity, focusing on the role of the President's Office and close associates of the President. AKEL is calling for the immediate suspension of the Director of the President's Office and the abolition of the Independent Fund.