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FINANCE > Russians ‘launder money’ in South Cyprus

ISTANBUL- Hürriyet Daily News

Turkish Cyprus’ Prime Minister İrsen Küçük accuses Greek Cyprus to cooperate with Russian busienssmen for money laundering in their banks.

Turkish Cyprus’ Prime Minister İrsen Küçük accuses Greek Cyprus to cooperate with Russian busienssmen for money laundering in their banks.

Erdem Güneş Erdem Güneş erdem.gunes@hdn.com.tr

Turkish Cypriot Prime Minister İrsen Küçük has blamed the Greek Cypriot government for “cooperating with Russian businessmen for money laundering,” which led to its current banking crisis.

“They are trying to get over a big economic distress at the moment. We see that they were in cooperation with Russian businessmen for money laundering for a long time,” Küçük told the Hürriyet Daily News in Istanbul where he attended the opening ceremony of Istanbul Jewelery Show yesterday.

The southern part of Cyprus is currently experiencing panic because of its ongoing banking crisis, and is seeking ways to find a solution, Küçük added. 

Asked about claims that Gazprom, the giant Russian energy company, had secretly offered a private bailout plan to Greek Cyprus, Küçük said the Mediterranean offshore belonged to both the Turkish and Greek people of the island, and that no others could claim rights to the area without Northern Cyprus’ consent.

Gazprom allegedly offered to buy the exploration rights to offshore gas deposits in the Mediterranean Sea from the Greek Cypriot government, according to recent unconfirmed reports.

The fate of the proposal is uncertain, and Gazprom refused to confirm it had even made an offer.

Cyprus’ natural resources belong equally to the Turkish and Greek Cypriot people, and any efforts by Greek Cyprus to strike an agreement on them with Russia would be responded to strongly, Küçük said.

March/22/2013

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john albay

3/28/2013 10:11:21 PM

The greek cypriots have always loved the russians,brought their weapons,borrowed billions of dollars and washed the russian mafias money. Now they have lost thier russian friends and the russiand will stop at nothing to get back the money the greek cypriots have stolen from them. If I was a greek cypriot Banksters I dont think I could sleep well at night!

gercek sesi

3/22/2013 8:26:31 PM

well said Anton!! Pawel kumbare at least accept here that the south was laundering money for the russians, this is why the eu is trying to make an example of them with this 9.65% levy. It has been unfortunate experience for all the innocent greek cypriots that have been caught up in this crisis, hopefully it wil make them more down to earth andthey will contribute positively to finding a solution with the tcs in the north!! And the whole island will benefit!!!

Murat

3/22/2013 4:05:20 PM

Noo... say it aint so!

The Prisoner

3/22/2013 3:06:04 PM

SHOCK HORROR! Russians launder money in Cyprus! Come on get real! Is this the best 'news' we can find today? As for the North, they've been courting the Bear for over 15 years trying to get him to move over the border. Money laundering, prostitution, drugs, protection rackets weren't a worry then so why now?

anton supertramp

3/22/2013 1:53:56 PM

@Pawel, did any of those country go bankrupt with the money they laundered? did they invest that money to greek bonds as well? thats the main diffrence here they didint screw up with that money but south cyprus did, thats why her money laundering business that caused trouble for EU is on the news,

Pawel Bury

3/22/2013 10:19:24 AM

Yes sure... When the money is in Switzerland or Luxembourg and Malta it's ok, In Cyprus it's laundering. After Russians, second place for depositors in Cyprus are the British. Are they laundering money also? Cyprus will teach all these blackmailers a lesson.

Faruk Beisser

3/22/2013 8:57:25 AM

What stupid claims from this fellow! Strong response? Is he going to declare war on the Tsar? And to blame solely the Russians shows that he doesn't understand anything about banking.

ibrahim osman

3/22/2013 1:35:02 AM

Sometimes silence is king,dear Mr.Küçük should remain silent.Very silent.
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