Investigation of Cypriot citizenship and frozen assets linked to financial crimes
September 23, 2026
The case of Yaping Li, a former official of the Communist Party of China, continues to raise concerns in Cyprus. Li, who was naturalized as a Cypriot, was executed in China for significant embezzlement. The Cypriot police are investigating his son, Suchao Li, who is wanted by Chinese authorities, as well as two of his associates. Assets worth a total of 17 million euros related to the case have been frozen. The situation is considered serious due to the potential economic crimes involved.