anastasiades law — anastasiades law — A wide-ranging corruption investigation in Cyprus reveals the role of the law firm associated with former President Nicos Anastasiades in citizenship cases linked to Russian businessmen and the revelations of the Pandora Papers.
Anastasiades law: Connections to High-Profile Russian Clients
This investigation, initiated by allegations in the book Mafia State, delves into the naturalisation processes that occurred between 2009 and 2011. Notably, it scrutinises the citizenship applications from Russian oligarchs Leonid Abramov and Leonid Lebedev, processed through the law firm “Nicos Chr. Anastasiades & Partners”.
Significant Political Influence
During the handling of these applications, Nicos Anastasiades was a Member of Parliament and the President of the Democratic Rally (DISY), wielding considerable political influence. The report indicates that he even personally met with the then Minister of Interior regarding Abramov’s application, which was submitted on 14 December 2009 and approved on 2 August 2010.
Controversial Citizenship Approvals
While Abramov’s application moved swiftly through the system, the application for his wife, Svetlana Zaporozhskaya, faced initial rejection in December 2010. Just days later, the Cabinet altered regulations regarding investor dependents, enabling a renewed submission that was approved the following July. Observers noted a handwritten note in the rejected file stating, “the issue of the wife to be resolved”.
Missing Documentation and Procedural Gaps
In the case of Leonid Lebedev, the investigation highlights troubling gaps in documentation. The Nicolatos Committee found missing requisite files and procedural oversights, including an absent letter and incomplete forms. The involvement of law firm partners in these processes raised questions about their role, especially since they signed documents claiming not to represent the applicant.
Financial Gains and Offshore Structures
The law firm reportedly benefited from ongoing relationships with these clients, managing significant assets such as the “Sinel Trust”, valued at €17 million. The investigation also noted the use of Lebedev’s private aircraft in 2013, raising further questions about the firm’s operations.
Potential Abuse of Power
Investigators concluded that there are indications of possible offences, including abuse of power by Anastasiades. His intervention with the Minister of Interior regarding citizenship applications may have breached institutional authority, potentially compromising the legality of administrative procedures.
Allegations of False Testimony and Money Laundering Risks
The report suggests further complications, including potential false testimony related to sworn statements made by a partner of the law firm in 2012. Additionally, it identifies risks of money laundering associated with the use of offshore companies, which may have obscured the origins and movements of funds.
Next Steps in the Investigation
As a result of these findings, the report will be referred to the Attorney General for further examination. It stresses that these conclusions are based on civil evidentiary standards and do not imply any judicial determination of guilt.
