5 Minute News

Corruption and Accountability Regarding the Vasilikos Terminal Project

September 25, 2025

Hrysis Pantelidis, a member of parliament from DIKO, highlights the issue of corruption surrounding the assignment of the Vasilikos terminal project to a Chinese consortium. He claims that some politicians embezzled funds, causing the Cypriot state to pay the price for these decisions today. He anticipates the outcomes of the European Public Prosecutor's investigation, emphasizing the need to acknowledge corruption. He stated that we must speak simply for the public to understand the situation. The responsible ministers and board members are identifiable, and the problem is challenging to resolve.