Cyprus Receives Information From US on Russia Sanctions Violations

Cypriot President Nikos Christodoulides confirmed he received information from the U.S. government related to Cypriot individuals and entities subject to U.S. sanctions for helping Russian billionaires hide their assets. The U.S. provided an 800-page dossier concerning the parties that helped Russian billionaire Alisher Usmanov hide his wealth, The Guardian reported. Christodoulides said he received the first batch of this information and is awaiting two more information packages from the U.S., according to an unofficial translation of a speech last week. Christodoulides promised to move forward with prosecutions of law and audit firms that aided this sanctions evasion.