5 Minute News

Inquiry into the Financial Status of the Cyprus-Crete Interconnection

December 16, 2024

MP Irini Charalambidou requests an update from the Auditor General regarding the financial status of the electricity interconnection between Cyprus and Crete. She focuses on the €48.8 million that ADMHE paid to EuroAsia and expresses concerns over potential suspicious transactions. The letter discusses dismissed claims concerning payments made for projects unrelated to the current interconnection. Sent on December 19, 2024, the letter has yet to receive a response.