Cyprus Deposit Tax aimed against Russian Oligarch Money Laundering

Cyprus has become the money-laundering centre of Europe ,Cyprus has a chequered record. A year ago, for example, the country got into hot water for letting a Russian ship carrying 60 tonnes of ammunition bound for the Syrian regime dock, refuel and leave in violation of an EU arms embargo.The game being played on Russia through Cyprus will make Russia stronger. Russian expats will return their money to Russia and Russia will start looking at Asia with more enthusiasm.