ORIGINAL ARTICLE:

TRANSCRIPT: The government of Cyprus has raised more than €4bn since 2013 by providing citizenship to the super rich, granting them the right to live and work throughout Europe in exchange for cash investment. The leak marks the first time a list of the super rich granted Cypriot citizenship has been revealed. They also observed that Cyprus was not the only EU country to have granted citizenship to high net-wealth Russians. Makhlouf did not receive his citizenship through the current scheme, they said, adding that the launch of the 2013 scheme “Established a much improved, transparent process for the examination of applications”, and that their decision to later revoke his citizenship was proof of their readiness to take corrective action.

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