Ex-Cyprus president and former MP plead not guilty in golden passports trial

Mark Battersby

4th January, 2024

1 min read

Former House President Demetris Syllouris and former Akel MP Christakis Giovanis pleaded not guilty to five charges at Nicosia criminal court on 29 December last year, according to a report by Cyprus Property News on 30 December.

The charges stem from corruption allegations following an Al Jazeera documentary on Cyprus’ controversial citizen-by-investment scheme.

Currently, Syllouris, Giovanis and senior member of staff at the Giovanis Group, Antonis Antoniou, are facing a trial related to the findings of the Nicolatos report, which was carried out after the Al Jazeera documentary.

Antoniou who is currently abroad, will make his plea before the court on 18 January.

Eric Sturdza Investments launches Strategic Vietnam Prosperity Fund

Mark Battersby

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Eric Sturdza Investments, an independent asset management firm providing active strategies to institutional and professional clients, has launched the Strategic Vietnam Prosperity Fund, providing exposure to an Asian equity market that is "poised to record significant economic expansion". In a statement on 13 December, it said Vietnam benefits from the trend in China, and globally, […]

Evelyn Partners launches financial planning graduate programme

Mark Battersby

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Evelyn Partners has launched a financial planning graduate programme, which will welcome its first cohort in September 2024. In a statement on 3 January, the wealth management and professional services group said the scheme will teach recruits how to build relationships with clients, assess their complete financial position, build flexible plans and provide appropriate recommendations […]