Cyprus Times

Remedica Denies Donations to President Christodoulides

Published January 9, 2026, 12:10
Remedica Denies Donations to President Christodoulides

Remedica has responded to reports linking it to donations benefiting President Christodoulides, following the release of a video featuring conversations concerning the company's name. Remedica assures that neither it nor its parent company, LetterOne, have made political donations to the President. It explains that LetterOne responded to a public appeal for aid to those affected by the fires in Cyprus, donating 75,000 euros to the official support account. It also points out that LetterOne is independent of its shareholders subject to sanctions, as their share rights are frozen and they have no influence on the company's operations. Meanwhile, the Police are awaiting the testimony of former Energy Minister Giorgos Lakkotrypis regarding the video, while the investigation is in its early stages. There is increased interest from political parties in the content of the video, and the use of artificial intelligence is being examined by Fact Check Cyprus.