Auditor-general says Opap owes state over €50m

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Auditor-general says Opap owes state over €50m
 © CyprusMail 2018
To date, the state’s financial claims against Opap Cyprus Ltd, a subsidiary of the Greek gambling giant, amount to ‘well over’ €50 million, the auditor-general has said.

In its 2016 report on the ministry of finance, the audit office again highlights what it calls a ‘lopsided’ agreement with Opap, the only company allowed to run lottery games on the island.

The deal was signed at a time when Opap belonged to the Greek state – which is no longer the case.

In 2016, the state’s revenues from taxing Opap came to €12.8m, down from €13.3m the previous year.

Data shows that...


Auditor-general says Opap owes state over €50m


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