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Reuters
Reuters
World

Cyprus to revoke 10 more passports issued under discredited citizenship scheme

FILE PHOTO: A general view of the city of Nicosia, Cyprus, September 12, 2022. REUTERS/Yiannis Kourtoglou/File Photo

Cyprus on Wednesday said it would strip citizenship from 10 individuals, among thousands who benefited from a cash-for-passports scheme which collapsed under accusations of corruption in 2020.

Cyprus gave passports to more than 7,000 people under a citizenship scheme which in its final form gave citizenship to individuals investing a minimum 2 million euros. It was popular with Russian and Asian investors.

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