May 22, 2025
Cyprus misses EU deadline as long-awaited sanctions unit stalls
A package of reforms meant to help the country clamp down on sanctions evasion has repeatedly faltered amid pushback from the legal industry.
Cyprus Confidential
Feb 05, 2025
UK MPs push for probe into Russian billionaire’s possible $1B tax dodge
Leaked documents suggest Roman Abramovich’s companies failed to pay tax on huge profits generated by offshore investments worth $6 billion, ICIJ media partners found.
Nov 14, 2024
Deloitte held close ties to a now-sanctioned Cyprus firm accused of shielding oligarchs’ wealth, records reveal
Leaked documents show the accounting giant collaborated with the firm and its controversial founder for years — despite publicly downplaying the relationship.
Nov 13, 2024
Critics question the depth of Cyprus’ much-touted reforms to its secretive financial industry
The Cyprus Confidential investigation last year exposed how the island nation’s financial sector aided some of Russia’s wealthiest figures ahead of looming sanctions related to the Ukraine war.
Sep 18, 2024
Notorious ‘Predator’ spyware firm Intellexa hit with new US sanctions
As the United States clamped down on the Intellexa group for the second time this year, advocates criticized Europe’s lack of action against commercial spyware creators.
Aug 01, 2024
Associate of oligarch Petr Aven forfeits $1M at heart of UK sanctions evasion case
ICIJ’s Cyprus Confidential revealed that as sanctions loomed amid Russia’s 2022 invasion of Ukraine, a Cyprus financial services firm transferred millions from an account it managed for the Russian billionaire.
Jun 14, 2024
Lithuania takes step toward reforms to strip citizenship after Cyprus Confidential revelations
An ICIJ media partner found two of oligarch Roman Abramovich’s children held Lithuanian passports when his financial affairs were rapidly reorganized ahead of Russia’s invasion of Ukraine.
Mar 29, 2024
Cyprus and US to form partnership to combat financial crime
The two countries are finalizing an agreement under which the U.S. Justice Department and FBI will assist Cyprus authorities in identifying and prosecuting sanctions evasion and other illicit finance operations “with a nexus to Cyprus."
Mar 11, 2024
Crypto firm moved $4.2m of assets to digital wallet linked to alleged Russian arms dealer
A new analysis of transactions shows a link between Copper Technologies and Jonatan Zimenkov, who was later hit with U.S. sanctions over Russia’s Ukraine invasion.
Mar 06, 2024
Spyware firm Intellexa hit with US sanctions after Cyprus Confidential exposé
The U.S. Treasury sanctioned the cyber-surveillance group and two of its key leaders, Tal Dilian and Sara Hamou, for proliferating spyware use around the world.
Feb 14, 2024
Cyprus to launch new unit targeting sanctions evaders
The new unit, slated to launch later this year, is the latest reform effort after Cyprus Confidential revealed the role of Cypriot firms in helping Putin allies avoid Western sanctions.
Feb 09, 2024
US takes aim at real estate money laundering
A new rule would close a loophole Treasury warns is exploited by bad actors using ill-gotten cash to anonymously buy residential properties.
Jan 22, 2024
Sudanese businessman accused of managing Hamas’ investment portfolio sanctioned by EU
Abdelbasit Hamza, whose European business ties were exposed in ICIJ’s Cyprus Confidential investigation, has been targeted by European authorities and has reportedly been arrested in Cairo.
Jan 05, 2024
US offers $10 million reward for information on five accused Hamas financiers
The State Department highlighted the reward after reporting by ICIJ on Hamas financing in the wake of the group’s deadly October incursion into Israel, which Israel says killed 1,200 people.
Jan 05, 2024
How the world responded to ICIJ’s investigations in 2023
From government probes to police raids and pop culture, the impact of ICIJ’s unflinching reporting reverberated around the world.
Dec 22, 2023
New US rule targeting real estate money laundering slated for early 2024
The Treasury Department is expected to announce its plan to address a loophole that experts warn enables criminals to stash dirty money in the United States.
Dec 20, 2023
Alleged Hamas financier holds stake in Cyprus company that mines Egyptian gold, leaked files reveal
Sudanese businessman Abdelbasit Hamza — whose company holdings feature in Cyprus Confidential documents — has been accused of being “a central figure in Hamas' investment portfolio.”
Dec 14, 2023
Leaked documents expose payments linked to a murdered Croatian journalist, ICIJ partners report
Cyprus Confidential documents show over $1.5 million in payments from a Bulgarian businessman to a convicted murderer.
Dec 11, 2023
A Ukrainian billionaire’s ties to a $122 million London penthouse raise questions about the UK’s foreign ownership crackdown
The Register of Overseas Entities was meant to “root out corrupt oligarchs and elites” in the U.K. real estate market, but experts say it’s falling short.
Dec 08, 2023
Lithuania seeks new powers to strip citizenship after Roman Abramovich’s children exposed as Lithuanian passport holders
An ICIJ partner found two of the oligarch's children were Lithuanian citizens at the time of offshore moves that may have safeguarded billions in assets from sanctions.
Dec 06, 2023
An oligarch’s chef-turned-personal assistant, a Moroccan casino mystery, and more Cyprus Confidential stories from ICIJ’s partners
More than 270 journalists around the world collaborated on ICIJ’s latest investigation — here’s some of what they found in a trove of millions of leaked documents.
Dec 04, 2023
FBI called in to help Cyprus investigate Russian sanctions dodging
The U.S. has deployed a team of experts to aid Cypriot authorities' response to ICIJ's Cyprus Confidential investigation, which exposed a rogue financial system serving the Russian elite.
Nov 28, 2023
Cypriot authorities face scrutiny over probe into Russian billionaire’s moves to dodge sanctions
ICIJ found a Cyprus-based firm aided Alexey Mordashov’s bid to protect a $1.4 billion investment from EU sanctions. Now, authorities are accused of sitting on the same information.
Nov 23, 2023
Lawmakers call for EU crackdown after ICIJ’s Cyprus Confidential revelations
During a debate called in response to ICIJ's latest investigation, one parliamentarian said it showed how the entire European bloc was turning into a “gangster’s paradise.”
Nov 20, 2023
A US billionaire took over a tropical island pension fund — then hundreds of millions of dollars allegedly went missing
With help from PwC Cyprus, Hushang Ansary set up shell companies and oversaw a series of transactions that authorities say drained a Curacao fund holding pensions for 30,000 people.