Price of Illegal Shark Fishing Tour in Cyprus

A wildlife charity in Cyprus stated that companies were offering tourists to go off the coast of the country and illegally fish for sharks. Nireas Marine Research stated that companies charge tourists $1,360 (€1,000) to fish for sharks. In videos and photos posted on Facebook, the tourist catches the shark and pulls it on to… Continue reading Price of Illegal Shark Fishing Tour in Cyprus

Number of Shell Companies in Cyprus

There are around 12,000 shell companies that are registered in Cyprus. These companies are in paperwork only and have no physical presence in the country. In a classified report conducted by accounting firm Deloitte in March -April 2013, the firm found that the number of suspicious financial transactions was 30 times the number that officials… Continue reading Number of Shell Companies in Cyprus