A CHINESE investor who transferred €15 million to Cyprus in order to get Cypriot nationality has sued the state after becoming a Bank of Cyprus haircut ‘victim’.
And his lawyer has also taken legal action against the island’s authorities warning them not to ‘suspend’ or ‘cancel’ his client’s Cypriot passport, identity card or nationality certificate.
High-profile Nicosia lawyer Loukis Papaphilippou won a temporary injunction that expires today.
The Interior Ministry said yesterday that it would take into consideration the extreme economic situation in Cyprus, and would not strip the citizenship of any foreigner.
