The European Public Prosecutor’s Office (EPPO) has launched an investigation into allegations of misuse of EU funds against Cypriot Member of the European Parliament Fidias Panayiotou.
According to information obtained by Politis, the investigation was initiated following complaints submitted to the Anti-Corruption Authority approximately two months ago. The same sources indicate that the complainants provided evidence alleging that the MEP rented a villa in Limassol, which he designated as “offices”, at a monthly cost of approximately €5,000–€6,000.
The allegations further claim that the property was used as a holiday residence and hosted various social gatherings and parties.
The Anti-Corruption Authority examined the complaints and subsequently forwarded the findings to the European Public Prosecutor’s Office, along with observations from its own inquiry conducted in Cyprus.
The case is now under investigation by the EPPO, which is responsible for probing offences affecting the financial interests of the European Union, in cooperation with OLAF.
Asked to comment, Panayiotou said he was not aware of the investigation and stated that he intends to respond via a video in the coming days.