corruption allegations — Marinos Sizopoulos, the MP and former EDEK president, is fighting back against corruption allegations detailed in a report from the Independent Authority Against Corruption. He plans to address the claims involving himself and other shareholders of Taxan Properties, asserting his innocence and his role in uncovering the alleged wrongdoing.
Sizopoulos informed Philenews of his upcoming trip abroad, after which he will hold a press conference to discuss the allegations in detail. “I will present all the evidence,” he stated, emphasising the importance of studying the report thoroughly before making further comments.
Corruption allegations: Denial and Dispute Over Allegations
In a series of statements to various media outlets, Sizopoulos has categorically denied any involvement in the alleged fraudulent activities. He claims to have been the one who discovered the signature forgery that has sparked the investigation, insisting that he reported the matter to the police.
Legal Challenges Ahead
When questioned about the possibility of the case progressing to court, Sizopoulos appeared unfazed, asserting, “no problem,” and reiterated that he possesses all necessary evidence. He also indicated his intention to challenge the authority’s jurisdiction regarding both the investigation and the publication of the report.
Details of the Allegations
The findings from the Independent Authority Against Corruption suggest that there may be serious criminal offences at play, including fraud, forgery, and conspiracy to defraud. This investigation is tied to a loan settlement deal involving a significant debt write-off of €956,900, with allegations that a signature belonging to an Iraqi investor was forged in the process.
Sizopoulos’s statements reflect a strong commitment to clear his name and challenge the findings of the authority. As he prepares for his press conference, the political landscape in Cyprus watches closely, anticipating his next moves in this unfolding situation.

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