It is expected that red notices will be issued in the coming days to locate and arrest the two suspects wanted in connection with the contract killing of a 55-year-old former convict, a case that the newly established “Cypriot FBI” has undertaken to investigate to its conclusion.
The first suspect is a man of Arab descent, known in the underworld, who allegedly ordered the hit from Dubai against the 55-year-old. The Arab man fled to the United Arab Emirates in late August following a financial dispute with the complainant, who is his former business partner.
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The second suspect, who is also in Dubai, is a Greek Cypriot and has been the subject of several investigations by law enforcement authorities in Greece and Cyprus as a member of organized crime groups.
Both are also reportedly linked to criminal organizations based in Dubai, which are behind crimes such as protection rackets, illegal casinos, extortion, smuggling, money laundering, and more.
In a report published today, “Fileleftheros” also revealed the identity of the second suspect, stating that he is a former police officer, a detail that appears to align with the testimony of the 36-year-old Bulgarian who had been recruited to carry out the contract killing and who had told authorities that during a video call from Dub, the Arab alleged mastermind reassured him, saying, “The police are on our side….” This, however, raises questions about whether there are links between organized crime and corrupt police officers in Cyprus—questions that the Cypriot FBI is called upon to investigate.
As for the motive behind the hit contract that was thwarted at the last minute, it appears to stem from a financial dispute between the complainant—an Arab—and another party involving 2.5 million dollars in Bitcoin, which arose when the latter refused to pay the former a commission he had promised for mediating the repayment of a debt between the two men’s business partners in July 2026.
Following this development, the Arab man traveled to the UAE, where he allegedly paid 800,000 euros to have his former business partner and close friend killed.
SEE ALSO: Contract killing of a former convict: The masterminds are in Dubai; a financial dispute over $2.5 million was the motive | AlphaNews
