Filenews 25 May 2025
The Mayor of Paphos, Phaedon Phaedonos, has unleashed harsh criticism of the Cypriot authorities and serious allegations of money laundering linked to international drug cartels, claiming that Paphos and Cyprus in general have turned into a "vast supermarket for the sale of drugs".
In his public statement, Mr. Phaedon argued that drugs are trafficked en masse even in high schools, something that, as he noted, "has now been officially said in the Parliament". At the same time, he left spikes for the inaction of the authorities, linking it to the fact that the country, in his words, operates as a "black money launderer" from drugs.
"Can those who know and make the ignorant answer us why many Forex companies based in Cyprus have many subsidiaries in Latin America?" he asks. As he adds, "they should have known that the relations with the drug cartels of Mexico and Latin American countries are deep."
Mr. Phaedon denounces that "from the laundering of black money by the Russian oligarchs, we went to the sale of golden passports and now we have upgraded and as a country we are dealing with the money laundering of drug cartels."
''Some here in Cyprus with ties are lucky with many zeros. Let the authorities not be ignorant and the surprised. Check the routes of the money and they will find everything!", he concludes.
