KYPROULLA was back in the international news last week but not under its new brand as a squeaky-clean regional pillar of safety and security, but as the base of the corporate service MeritServus which helped Russian billionaire and former Chelsea owner Roman Abramovich avoid paying millions in taxes. The MeritServus managing director Demetris Ioannides was sanctioned by the UK government in 2023 for establishing “murky offshore structures” for Abramovich. The
