Reuters report that Cyprus has withdrawn citizenship given to Assad crony Rami Makhlouf --
Makhlouf initially petitioned Cyprus for citizenship in 2009, Phileleftheros reported. His supporting documents included real estate valued at 320,000 euros on the island, and 17.3 million euros in fixed five-year time deposits in Cypriot banks, it said.
Assuming the money was still there recently, that means he took a big hit from the 40 percent haircut on bank deposits in the Cyprus bailout.
Makhlouf initially petitioned Cyprus for citizenship in 2009, Phileleftheros reported. His supporting documents included real estate valued at 320,000 euros on the island, and 17.3 million euros in fixed five-year time deposits in Cypriot banks, it said.
Assuming the money was still there recently, that means he took a big hit from the 40 percent haircut on bank deposits in the Cyprus bailout.