Living in Cyprus: Follow The Money
We all know that money laundering is a major crime, yet little attention is paid to this by anyone except governments and law enforcement officials. Your average person simply carries on regardless of what’s happening around them. That’s because we, the people, are focusing on our ability to pay the next bill or ensure our kids have food and clothing. We’re not really that interested in anyone trading in huge sums of money that may or may not be from criminal activity. The fact that some of the money we handle may well be dirty money is lost on most of us. I couldn’t care less if the 20 Euro note I’ve just used to pay for fuel for my car was laundered money and I’m sure the owner of the petrol station isn’t bothered either. Yet that is exactly what’s happening, right here, right now.
Accusations have flown thick and fast from the soap opera that is America politics over last few weeks that banks in Cyprus, one in particular, is a hot-bed for Russians laundering dirty money stolen from the Russian government, i.e., the Russian people. The money is apparently being diverted by those in power in Russia to a bank in Germany and from there to other banks, including a certain bank in Cyprus. Nobody knows the truth of these accusations and we await the outcome of an FBI investigation on the American President and his team, which seems to point to collusion between Trump and the Russian President.
At the end of the day, true or false, this will probably not impact on the ordinary people of Cyprus unless banks are closed for spreading ‘funny money’ around. To be honest, we shrug our shoulders and get on with our lives. So long as we the people can pay our bills and manage a good standard of living, we’ll just roll with the blows and carry on watching the soap opera now developing around the White House.
Tom Kane © 2017
Author of ‘A Pat on his Back’ the story of our hilarious move from England to Cyprus. Download a free sample here.
4 out of 5 stars
A good read, and as described
By Joanne on 29 April 2016
Kindle Edition Verified Purchase
“I lived in Cyprus for over 3 years and this book in my opinion is 99% accurate. A good read, and as described; never underestimate the difference in cultures. Also be aware of ‘brown envelopes’!”