Before the people of Cyprus knew that their savings were going to be confiscated, the president’s family transferred millions of dollars out of the country through one of their companies.
Over the weekend it was reported that people in Cyprus may lose as much as 60 percent of the money in their savings accounts.
The president of Cyprus, acting on behalf of the people, rolled over to the EU and agreed to go along with their plan and continue to mandate the EU currency under his jurisdiction.
Just days before the confiscations were announced to the public, a company closely connected to the president of Cyprus transferred millions of dollars to London.
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