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    1. fwzy_34 on

      Russian oligarch: Dmitry Rybolovlev

      Property Transaction: In July 2008, Dmitry Rybolovlev purchased the Palm Beach estate known as Maison de L’Amitié from Donald Trump for $95 million. Donald Trump had purchased the property four years earlier for approximately $41 million.

      • Property Demolition: Dmitry Rybolovlev never moved into the residence. In March 2016, the Palm Beach Architectural Commission approved the demolition of the mansion, and the property was subsequently subdivided into three separate lots for sale.

      • Bank of Cyprus Connection: Dmitry Rybolovlev became a major shareholder in the Bank of Cyprus following the 2013 Cypriot financial crisis. At one point, he held an approximately 9.9% stake in the institution.

      • Leadership Context: The email references Wilbur Ross, who served as the Vice Chairman of the Bank of Cyprus before being appointed as the U.S. Secretary of Commerce. It also mentions a Chairman who was a former CEO of Deutsche Bank, referring to Josef Ackermann.

      Following the Money: Russia, Cyprus, and the Trump Team’s Odd Business Dealings https://www.justsecurity.org/39409/money-russia-cyprus-trump-teams-odd-business-dealings/

    2. IhateEfrickingA on

      Damn, what should I do with my saving account that is in Bank of Cyprus ?

    3. Kypsyt on

      They are all dirty! All the “leaders” of all countries. Never forget WE are the majority

      Edit: let’s overthrow our “leaders”

    5. CaptainPlanetarian on

      There’s a common denominator in so many of the issues in Cyprus these days. And it begins with R and ends with A.

    6. satanicpustule on

      The most interesting thing about this isn’t the Epstein case. I mean yeah he and Trump are pedo scumbag grifters etc, but there is a broader insight here about how the filthy rich view property investments.

      People think housing is unaffordable because of ‚migrants‘. It is not. It is unaffordable because it has long become a speculatory vehicle, entirely divorced of actual utility.

      When I lived in London, the running joke was about Centre Point on Tottenham Court Road, which sat entirely empty for years, and yet *still* got flipped between different investment groups. The tragic irony was that, for a while, the site also became a homeless encampment. The same pattern can be seen in Limassol now, and in Athens, where I grew up.

      The rich do not buy property to rent it out. They buy property because *other* rich people buy property, and as the stock dwindles, idle market appreciation outpaces rental income anyway.

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