Much more ‘Golden Passports’ revoked – Cyprus House Information

The Council of Ministers has made a decision to revoke the citizenship of four more Russians and their family members who acquired ‘Golden Passports’ less than the island’s disgraced Citizenship by Financial commitment plan that was brought to an abrupt finish in November 2020.

The four Russians have been sanctioned in the hottest spherical of EU sanctions subsequent the Russian invasion of Ukraine. The four have been named as Grigory Berezkin, Oleg Deripaska, Igor Kasayev and Gulbakor Ismailova their eleven dependents are also envisioned to get rid of their ‘Golden Passports’.

Grigory Berezkin obtained Cypriot Citizenship in Oct 2012. He is a notable businessman and viewed as to be loyal to Vladimir Putin. Berezkin is Chairman of the Board of ESN Team, a Russian private financial investment group with a portfolio of investments in numerous sectors, like media, vitality, infrastructure, normal methods, and the petrochemical sector.

Oleg Deripaska acquired Cypriot citizenship in 2017 and his fortune is estimated at US$ 23 billion. The US imposed sanctions on Deripaska, who has managed one of the world’s largest aluminium firms for four a long time on Deripaska has also been sanctioned by the Cyprus given that the Russian invasion of Ukraine.

Igor Kasayev obtained Cypriot citizenship in May perhaps 2012. He is mentioned on the Forbes listing of billionaires and his fortune is estimated at US$ 3.1 billion. Kasayev’s ‘clan’, which is composed of 9 dependents: his spouse, kids and grandchildren are also envisioned to drop the ‘Golden Passports’.

Gulbakor Ismailova acquired Cypriot citizenship in 2015. She is the sister of the Russian tycoon, Alisher Usmanov whose fortune is believed at US$ 19.5 billion.

Previously this thirty day period, four persons and their seventeen household customers shed their ‘Golden Passports’. Phileleftheros studies that the hottest 4 folks to be stripped of their Cypriot citizenship have eleven dependants who ended up also granted citizenship.

The full range of individuals who have been stripped of their Cypriot citizenship as a consequence of Russia’s invasion of Ukraine stands at 36.

Authorized Providers will satisfy in May possibly to look at a lot more than 100 ‘Golden Passport’ circumstances that came to gentle throughout the investigation headed up by previous supreme courtroom judge Myron Nikolatos.

Also expected in Could are developments about 5 people highlighted in the Al Jazeera exposé.


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