Drousiotis says crowdfunding appeal has raised €52,874.63
Journalist Makarios Drousiotis said his campaign for legal expenses reached its target within 36 hours and will undergo an independent audit.
Nicosia, Cyprus. Journalist Makarios Drousiotis said his crowdfunding appeal had raised €52,874.63, including online, direct and cash donations. The campaign was launched on Monday to cover his legal expenses.
Campaign funds
Drousiotis said the total included donations through the GoGetFunding platform, direct contributions and €3,100 in cash from supporters.
According to Drousiotis, the campaign reached its target within 36 hours. After platform and payment fees, €46,586.49 remained in a separate PayPal account.
He said a further €3,188.14 had been transferred to a Revolut account used exclusively for the campaign, while the €3,100 in cash was due to be added.
Audit commitment
Drousiotis said the funds would be used only for the purpose for which they were donated. He said all transactions would be reviewed by an approved auditing firm and that an independent audit of the accounts and payments would be made public.
Legal questions
The final figure was announced as legal questions continued over the legality of the appeal.
Lawyer Simos Angelides said the campaign did not appear to fall within the legislation as currently written.
“Based on the law as it currently stands, this crowdfunding campaign does not appear to fall within the interpretation of the legislation,” he said.
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