
Israeli property developer Simon Aykut saw his request to be released from custody rejected by the Nicosia criminal court on Monday.
Aykut stands accused of developing and selling €43 million worth of property on Greek Cypriot land in the north.
His lawyers had requested that he be released due to a “indications of a serious health problem”, with Christos Triantafyllides having said in court last week that there is a