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The authorities of Cyprus recently revoked the citizenship of eight individuals, including Ukrainian oligarch Ihor Kolomoiskyi. The decision was made due to the businessman’s dubious image and the reputational risks he posed to the island nation, reports Philenews. The Cypriot edition notes that Kolomoisky lost his citizenship after local authorities confirmed it was obtained through fraud, false statements, and concealment of significant facts. The decision, part of Cyprus’s broader policy on controlling investment passports, was made on September 4, but the information was only reported by t…

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