Cyprus Confidential is a journalism project investigating financial services in Cyprus and their role in allowing avoidance of international sanctions, and implementation of Russian state goals. It is conducted by the International Consortium of Investigative Journalists, Paper Trail Media and sixty-seven media partners.

The investigation reveals how Russian oligarchs transferred large amounts of assets to Cyprus after the Russian invasion of Ukraine. The US, UK and EU imposed sanctions on more than 1,600 individuals and entities after Moscow launched its invasion of Ukraine in February 2022.[1][2]

The 3.6 million files were leaked from six providers:

  • ConnectedSky
  • Cypcodirect
  • DJC Accountants
  • Kallias & Associates
  • MeritKapital
  • MeritServus

See also

References

  • "Cyprus ignores Russian atrocities, Western sanctions to shield vast wealth of Putin allies - ICIJ". International Consortium of Investigative Journalists. November 14, 2023.
  1. ↑ "UK announces new sanctions in response to Russian sham elections in Ukraine". Government of the United Kingdom. 29 September 2023.
  2. ↑ Payne, Julia; Baczynska, Gabriela (12 September 2023). "EU to cease sanctions against three Russian businessmen this week, sources say". Reuters.
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