CYPRadar 🇨🇾⛪ Archbishopric Land Sale to Andri Anastasiades Under Scrutiny 12 Years On
The controversial sale of a 1,739 sq m Archbishopric plot in Limassol to Andri Anastasiades in 2014 has resurfaced amid new investigations by the Independent Authority Against Corruption. Initially reported by Phileleftheros, the land was sold for €500,000, despite property valuations placing its worth at around €870,000. The transaction included a €40,000 cash deposit and a six-year schedule of interest-free payments.
At the time, political and religious figures dismissed the concerns as private matters, with no formal investigation launched. The late Archbishop Chrysostomos II described the sale as conducted under free-market conditions, while the ruling party labeled it non-political. Opposition parties sought further clarification but refrained from immediate judgment.
Recent inquiries have revealed more complex dealings, including a state land expropriation and compensations involving properties valued at nearly double their recorded worth. Although the latest report stops short of direct accusations, it suggests probable irregularities linking the transactions, highlighting longstanding questions about governance and transparency in Cyprus's political system.
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