No, it is completely fair to only blame Cyprus (the people obviously in extension of the leadership), given that Cyprus got itself into this mess and needs European money to find a way out. Expecting them to contribute[0] at least a little bit to the bailout is perfectly fine, and it is not the EU’s job to police how Cyprus procures said contribution.

[0] This is true even more since contrary to Greece or Ireland, there’s no indication whatsoever that Cyprus will ever pay back 10 bn €.