Pamboridis reports highest net assets among 33 MPs as 23 filings remain outstanding

Nicosia, Cyprus. Disy MP George Pamboridis reported €3.37 million in net assets, the largest amount among 33 MPs whose annual financial disclosures were released by the House on Tuesday. A further 23 filings remain outstanding.

Publication and outstanding disclosures

The House released the annual asset declarations, known as pothen esches, under legislation adopted in 2024 governing MPs and granting auditing powers to the tax commissioner.

Eleven newly elected MPs have not yet submitted declarations. They are Disy’s Charalambos Petrides, Andreas Constantinou, Dimos Georgiades and Michalis Kounounis; Elam’s Evgenios Chamboulas, Polys Anogyriatis and Andreas Papacharalambous; Alma’s Michalis Paraskevas; and Direct Democracy’s Yiannis Laouris, Demetris Souglis and Diana Constantinidou.

The published disclosures for 12 MPs who were re-elected, among them House President Annita Dimitriou, reflect updates only through 2024. The entry for Diko MP Chrysanthos Savvides appears to have been updated through last year.

Pamboridis’s declared holdings

Pamboridis, a lawyer and former health minister who held that office from 2015 to 2018, reported family net assets totalling €5.29 million.

His declaration records receivables of €2.79 million connected to shareholdings in four companies. Of that amount, €1.98 million relates to his 20 per cent stake in Vorando Holding Ltd.

He listed €376,207 in deposits and €231,500 in vehicles, among them two Porsches. Additional assets were valued at €510,000.

Declared borrowing totalled €958,335, with nearly the entire amount attributable to one Eurobank facility.

The declaration also includes 26 property entries with a combined value of €419,000. Most of the land was recorded as acquired through inheritance from parents, with its acquisition cost listed as zero.