5 Minute News

Investigation into Leasing of Turkish Cypriot Property Linked to MP

April 25, 2026

The Larnaca Police is investigating a case involving Turkish Cypriot property leased to relatives of MP Michalis Giakoumis. The lease contract has been terminated, and the tenants have until May 1 to return the property to its original state. The case is linked to a company that operates the property as a restaurant without following the subletting process. Michalis Giakoumis visited a bank to state that there is nothing suspicious about the property management. The case has been referred to MOKAS for further investigation.