CIPA insists on confidentiality after leak exposed naturalised investors

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CIPA insists on confidentiality after leak...
 © CyprusMail 2020
By Stelios Orphanides

Cyprus needs to safeguard the confidential handling of personal data of beneficiaries of its controversial citizenship-by-investment scheme, the benefits of which have exceeded expectations, the chairman of the Cyprus Investment Promotion Agency (CIPA) said, two days after an accidental leak.

“In the past three to four years, more than €4.5bn has flowed to Cyprus via citizenship-by-investment,” Michalis Michael, chairman of CIPA said in an interview with state-radio CyBC on Wednesday, a day after a list of beneficiaries of the scheme leaked to local media, angering the...


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CIPA insists on confidentiality after leak exposed naturalised investors


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Article Tags: insists, confidentiality, after, exposed, naturalised, investors,