MPs approve Tepak budget amid transparency concerns

The House of Representatives on Thursday greenlit the budget for the Cyprus University of Technology (Tepak) even as MPs hammered the institution over lack of transparency and its track record of financial scandals.

The 2024 budget bill for Tepak passed by unanimous vote. It is the last public body to have had its 2024 balance sheet approved.

But in passing the budget, MPs also ‘crossed’ two spending items. The first item had to do with Tepak purchasing services from the private sector...