The Limassol District Court issued an eight-day remand order today against a 50-year-old man arrested to facilitate enquiries into a case of theft by a director and money laundering.
Authorities located and arrested the 50-year-old abroad under a European Arrest Warrant before extraditing him to Cyprus yesterday, where officers executed a domestic judicial arrest warrant.
According to evidence under investigation, the suspect allegedly links to the theft of approximately €800,000 from a company in Limassol between 2016 and 2019.
Limassol CID is continuing its investigation.
