Cyprus Privatization Plan Viable – Investigative Due Diligence

The privatisation plan for Cyprus is viable according to Finance Minister, Harris Georgiades. Providing assurances over a disputed bill concerning the privatisation of semi-governmental organistations, Georgiades noted that it does not deprive employees of their employment and pension rights, nor does it remove powers from the House of Representatives. The privatisation plan aims to generate […]

Cyprus making good progress according to Eurogroup – Investigative Due Diligence

Cyprus’ adjustment programme remains on track according to TROIKA, a statement welcomed by Eurogroup president, Jeroen Dijsselbloem and the Vice-President of the European Commission (EC), Olli Rehn. The third review of the Cyprus economic programme concluded on 11th February with teams from the European Central Bank and the IMF debriefing Eurozone ministers. “We, of course, […]

A Cyprus bank has been implicated in an FBI investigation – Investigative Due Diligence

The FBI is investigation allegations that millions of dollars ended up in a Cyprus bank after they were diverted from an Oklahoma State University owned company.  A Lawsuit has been filed against the former director of Triton Scientific, which was contracted to run OSU-Multispectral Laboratories and also names his wife. According to the lawsuit funds […]