The gist of it: > The Russian money flow was a bonanza for Cyprus’ powerful industry of bankers, offshore service providers, accounting firms like PwC and othe

The gist of it: > The Russian money flow was a bonanza for Cyprus’ powerful industry of bankers, offshore service providers, accounting firms like PwC and other Big Four firms, and an army of 4,000 lawyers — all deeply intertwined with a Cypriot political class that erected some of Europe’s most stringent corporate secrecy rules and turned the Central Bank of Cyprus into a protector of the system rather than its regulator.