Cyprus plans to strip citizenships after uproar over passports

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ATHENS: Cyprus on Wednesday (Nov 6) said it had started a process to strip 26 individuals of citizenship they received under a secretive passports ...

Greek newspaper Politis reported on Sunday that Malaysian fugitive businessman Jho Low was in possession of a Cyprus passport.

The scheme requires an interested party to deposit €5 million in a local bank for three years and allows them to buy a house. On Wednesday, Malaysian police said Low had attempted to purchase properties in Cyprus under a different name.

 

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