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Israeli man’s sentence over illegal development in Cyprus’ breakaway north sends a stark warning
Shimon Aykut was convicted for illegal development involving 40 properties amid ongoing disputes over Greek Cypriot lands in northern Cyprus, court documents show.
- On Friday, a Cyprus court in Nicosia sentenced Shimon Mistriel Aykout, 75, to five years for illegally developing Greek Cypriot property in the Turkish-held north after his June 2024 arrest.
- Decades-Old property disputes stemming from the 1974 Cyprus division after a Turkish invasion and Athens-backed coup left Greek Cypriots displaced, with United Nations-mediated talks failing to resolve claims.
- Between 2014 and 2024 the Afik Group of Companies developed 400,000 square meters, and authorities value the work at over 38 million euros from about 40 properties.
- Prosecuting attorney Andreas Aristides told reporters that Cyprus's ethnic division does not diminish lawful owners' rights, while Aykut's supporters in Israel and the United States pressed for release and Turkish Cypriot authorities reacted angrily.
- Simos Angelides said Friday's ruling and other prosecutions have triggered panic in the north's real estate sector, while Cafer Gurcafer warned 85% of privately owned property could become entangled.
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Israeli property developer sentenced to five years - The Tribune
The Permanent Criminal Court of Nicosia in Cyprus sentenced an Israeli property developer to five years in prison after he was found guilty of usurping Greek Cypriot land in the Turkish-occupied north of the island.Simon Mistriel Aykut, who is Israeli and als
·Chandigarh, India
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Israeli man sentenced to 5 years for illegally selling Greek Cypriot
NICOSIA: A court in Cyprus on Friday sentenced an Israeli businessman to five years for developing and selling luxury apartment complexes in the breakaway northern part of the divided island without permission of the Greek Cypriots owners of the land. The case is one of several where Cypriot authorities seek to bust developers and realtors who illegally make money off Greek
·Riyadh, Saudi Arabia
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Total News Sources23
Leaning Left7Leaning Right4Center4Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 27%
R 27%
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