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Anti-corruption authority releases report on State Mafia case

The Independent Authority Against Corruption has published a comprehensive report regarding allegations presented in Makarios Drousiotis' book, 'State Mafia', detailing a potential parallel power structure operating within Cyprus. The report implicates 13 individuals and two law firms, including 'Nicos Chr. Anastasiades & Partners', where the former president's daughters hold a 50% stake, in alleged money laundering activities involving hundreds of millions of dollars linked to Russian oligarchs and offshore Caribbean accounts. Additionally, the report suggests investigating the former head of the Unit for Combating Money Laundering (MOKAS), Eva Rossidou-Papakyriacou. Following recent legislative changes, the report is being forwarded to the Tax Commissioner for targeted audits, which may cover transactions from the last 12 years and extend to international accounts. The Cabinet is expected to appoint independent criminal investigators to handle the case, while the Attorney General and Deputy Attorney General have recused themselves due to conflicts of interest. Legal experts emphasize that former President Nicos Anastasiades does not possess immunity from criminal investigation now that he has left office. While the report findings do not legally bind the Law Office, they serve as the basis for the upcoming criminal proceedings.

Original Sources

Mafia State findings to be announced on Tuesday
Cyprus Mail · 15 June 2026, 18:08