The head of Cyprus's official real estate regulator has received serious threats, which police believe are connected to organized crime. According to a formal complaint, the threats are an attempt to stop a professional investigation. This worrying situation happened at the same time as an arson attack on luxury cars in Limassol, raising fears about criminal activity affecting the island's businesses.
Marinos Kynegirou, the president of the Real Estate Agents Registration Council, reported the threats to the police. He said he received threatening messages starting in June, which started again in early December. The messages demanded that he withdraw a formal complaint against a licensed real estate agent. This agent is being investigated for allegedly helping to sell properties in northern Cyprus, which is not under the government's control, and for organizing unauthorized payments. In a later recorded phone call, Kynegirou was also warned not to take part in the council's elections on December 20.
This direct attempt to influence a regulatory body has led to a high-level police investigation. Senior officers and the Interior Minister are now involved. The case shows how criminal groups are trying to control professional organizations. The council's complaint was a normal disciplinary process, so the criminal threats are especially alarming.
In a separate event in Limassol, three expensive cars were completely destroyed by a fire on December 9. The cars belonged to a Russian businessman. Police are investigating the fire as a deliberate act of intimidation, possibly to pressure local business owners. This attack is similar to previous ones, suggesting criminals are repeatedly using these tactics.
Together, these events create a concerning picture for Cyprus's economy. Threatening a senior official attacks the integrity of public institutions, which might make regulators afraid to act. The arson attack shows that criminals are willing to use obvious violence. Both cases are under active investigation.
The results of these events could affect more than just the immediate incidents. They test the strength of professional governance and business security in Cyprus. As the real estate council continues its election and its disciplinary case, the government's ability to protect its institutions from criminal influence is being tested. The business community is watching closely to see how the authorities handle this challenge to lawful commerce.