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The Cyprus government has not agreed to a proposal for a private firm to carry out a money-laundering audit of the island’s banking system, Finance Minister Vasos Shiarly reiterated. Such a move would contravene Cyprus laws, he said reports Cyprus Mal.
“No decision by any European organ can subvert the provisions of the constitution of an EU member-state,” Shiarly said.
“Cyprus cannot breach its own constitution and furthermore shall not allow such an action [the breach] to happen,” he added.
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