The attempt to kill Teddy Sagi was an act of terrorism perpetrated by the Iranian government. This is according to the government of Israel whose Prime Minister Naftali Bennett has now made statements to that effect.
The plot to kill Teddy Sagi was foiled and it has now been revealed that a man was arrested on September 27. But as of now, there is now word as to how the plot was uncovered and how many people may have been involved.
Cypriot media has revealed only that the man currently in custody was arrested in the country’s capital Nicosia. He was reportedly stopped in his car just after he crossed through a checkpoint linking the Turkish-controlled north and the independent southern parts of the divided island nation.
Reports also stated that a silencer was found the man’s car. But Cypriot authorities are not giving out too many details. At this time the arrested man’s name and nationality have not been released.
Earlier today, Monday, the Cypriot chief of police Stelios Papatheodorou told the press only that, “A person has been arrested, in whose possession a pistol and cartridges were found.It is a sensitive case, which is why a remand request was held behind closed doors,”
But Israeli authorities have been less shy about calling this an act of terror. Naftali Bennett’s media adviser Matan Sidi stated, “This was a terrorist incident directed by Iran against Israeli businesspeople living in Cyprus.”
And the Prime Minister himself released a statement saying, “As opposed to some of the reports yesterday regarding an incident in Cyprus, I can clarify on behalf of the security establishment, that this was an act of terror that was orchestrated by Iran against Israeli businesspeople living in Cyprus.”
“This is not a criminal act and the Israeli businessman Teddy Sagi was not the target of the attack,” he added.
Israel’s Foreign Minister Yair Lapid commented, “There are security threats. As you can see, the Shin Bet, the Mossad, all of the security forces know how to handle them The fact is that we’re there. We’re minding matters.”
According to Forbes, Sagi is worth $5.6 billion. Teddy Sagi made a fortune after he founded the Israeli gambling software developer Playtech in 1999. After turning it into a $700 million company traded on London’s stock exchange, Sagi sold 12% of Playtech for almost $400 million in 2016. He later sold the rest of the company for $88 million at the end of 2018.