MPs decry mismanagement of properties in Mackenzie

Large corporations are running Turkish Cypriot properties in Larnaca’s Mackenzie area, raking in profits while not paying a single cent in fees for the privilege, MPs said on Tuesday.

The matter came up in parliament, where a committee was discussing the management of the properties in question.

The properties originally belonged to Turkish Cypriots, but due to the events of 1974 and the subsequent displacement of populations, they have come under the management of the Guardian of Turkish Cypriot properties ...