The controversy surrounding the Cyprus community of Sydney has continued, with some members having now lodged an application to the Federal Court seeking to restore Cyprus Community of N.S.W (Holdings) Limited to member control.
The application was lodged by Dr Con Costa concerns the Holdings entity, a company linked to the Cyprus Community of NSW Limited and shares the same member base, but which remains an independent entity.
The application expresses concern with Cyprus Holdings having been put into administration in September 2025, just as the Cyprus Community of NSW had been in 2024.
Like with the Cyprus Community of NSW, the administrators are Morgan Kelly and David Kennedy from Ernst and Young Australia.
In a…