By Elias Hazou
ATTORNEY-general Costas Clerides yesterday declined to confirm or deny reports that he intends to press charges against Central Bank governor Panicos Demetriades.
Earlier in the day, daily Alithia said the AG was gearing to prosecute Demetriades in connection to a contract concluded between the Central Bank of Cyprus(CBC) and consultancy firm Alvarez & Marsal. Criminal proceedings against Demetriades would be launched within days, the paper claimed.
But a written statement released by Clerides’ office in the afternoon…Read More