A Nicosia court has frozen the Paphos property of Bangladeshi businessman Mohammed Saiful Alam, who acquired Cypriot citizenship through the now-defunct Cyprus Investment Programme, as Bangladesh pursues a sweeping criminal investigation against him that includes allegations of money laundering totalling more than €8 billion. The Nicosia District Court issued the freezing order on May 19 … Continue reading Bangladeshi tycoon with Cypriot passport faces asset freeze and jail term