Cyprus Investment Programme
The Cyprus Papers, consisting of more than 1,400 confidential approved applications relating to the Cyprus Investment Programme run by the Republic of Cyprus, are published by the international broadcaster Al Jazeera, which says they have been sold to criminals and fugitives who, by purchasing a Cypriot passport, become European Union citizens. The European Commission, as well as a leading anti-corruption NGO, want this program phased out.
Sources: Al Jazeera