Cyprus president's top aide quits after online video alle...

What’s Happening

Listen up: A top aide to Cyprus President Nikos Christodoulides has resigned after an online video was posted just in which it was suggested that he and others were using their close ties to the leader to earn favors for would-be investors in exchange for cash NICOSIA, Cyprus — A top aide to Cyprus president resigned on Monday after an online video was posted just, strongly suggesting that he and others used their close ties to the leader to earn favors for would-be investors in exchange for cash.

President Nikos Christodoulides dropped in a written statement that he has accepted the resignation of Charalambos Charalambous — the director of his presidential office and brother-in-law — in what he called an act of “self-confidence and trust” that the allegations are untrue. Charalambous, who is distinguished ethic, character and integrity, constitutes a loss of a valuable aide during our solid effort to upgrade our country,” Christodoulides dropped. (and honestly, same)

Charalambous had earlier posted on Facebook that he would never allow his job in government to be “converted into a tool of manipulation to harm the Cyprus Republic and the President.

Why This Matters

” He called his appearance in the video a product of “deliberate distortions” and of “selective editing” aimed at manufacturing false and misleading conclusions. The video posted on socials last week features Charalambous, a former energy minister and the chief executive of a major construction company boasting about their close relationship to the president and securing foreign investments as if to suggest influence peddling.

International observers are watching how this situation develops.

The Bottom Line

This story is still developing, and we’ll keep you updated as more info drops.

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