The Greek Cypriot administration has issued passports to high profile controversial individuals under the “golden visa” scheme and has raised 4 billion euros since 2013, a recent report by UK daily the Guardian has said.
According to the report, the document which was leaked reveals a list of the names of some controversial, super rich individuals, including “billionaire Russian oligarchs and Ukrainian elites accused of corruption” with political influence. Last year alone, more than 400 passports were reportedly issued in exchange for cash and investments, also granting holders the right to live and work throughout Europe.
“A former member of Russia’s Parliament, …read more
Source: LGC News
