Posts by tag: Cyta

Local News January 23, 2015

CyTA Santa Run raised €15,000 for infant hearing programme

Last month’s CyTA ‘Santa Run’ in Limassol raised €15,000 in aid of the Centre for Preventive Paediatrics’ screening programme for neonatal hearing, the telecoms company said on Friday.

The money was handed over to Dr Argyris Argyrou, the head f the centre at a ceremony in Limassol on Thursday. He described it as a lifeline in a very difficult economic period “and gives the centre the opportunity to continue its work”.

The neonatal infant hearing programme has been in…

Read More
CyTA Santa Run raised €15,000 for infant hearing programme
Letters January 11, 2015

Heating and complaining

While I agree that UK pensioners have a right to the heating allowance, as it was ‘promised’ to them, I fail to see why we get it at all though I am grateful, for it. There is a limited amount of money ‘in the pot’ so surely, it’s best given to those who live in dire straits ie cold-all-the -time countries, rather than to us who live in a country which is warm or hot for most of the…

Read More
Local News January 5, 2015

Sentences of three and a half to nine years in Dromolaxia case (Update 2: adds judge’s comments)

By Constantinos Psillides

THE Larnaca Criminal Court issued a final verdict on the Dromolaxia scandal on Monday, jailing all five guilty parties on various charges of corruption and fraud and handing down sentences ranging from three and a half to nine years.

The court sentenced ex-CyTA boss Stathis Kittis to eight years in prison, former EAC boss and former CyTA board member Charalambos Tsouris to three years, trade union representative and Cytavision director Orestis Vasiliou to nine years, land registry…

Read More
Sentences of three and a half to nine years in Dromolaxia case (Update 2: adds judge’s comments)
Local News December 31, 2014

Court rules for asset seizures in land scandal

By Constantinos Psillides
THE Larnaca Criminal court ruled on Wednesday that the state could seize the assets of defendants found guilty on the Dromolaxia scandal.
The seizure ruling was part of the mitigation hearing that took place until late afternoon after which session was adjourned pending sentencing on January 5.
On December 22 the court found five people and one legal entity guilty. The case concerns the purchase by Cyprus Telecommunications Authority (CyTA) pension fund of a…

Read More
Court rules for asset seizures in land scandal
Business Local News December 29, 2014

Georgiades trashes Haravgi report on CYTA sale to Deutsche Telekom

By Stelios Orphanides

Finance minister Harris Georgiades denied a Haravgi report claiming the government already decided to sell CYTA to Deutsche Telekom.

“The report really makes no sense, is gibberish and has nothing to do with reality,” Georgiades said in an interview to state radio CyBC today. “The procedure has not even begun yet. It will begin and the first important step will be the selection of the advisors to carry out this procedure”.

Send to Kindle

Read More
Georgiades trashes Haravgi report on CYTA sale to Deutsche Telekom
Local News December 22, 2014

Six found guilty in Dromolaxia scandal

Larnaca criminal court on Monday found guilty six of the accused in the high-profile trial concerning the purchase by CyTA’s pension fund of a land plot in Dromolaxia at an inflated price.

The court delivered a guilty verdict for ex-CyTA boss Stathis Kittis; former Electricity Authority boss Charalambos Tsouris, who was a member of the board of directors of CyTA during the material time; AKEL member Venizelos Zanettos; trade union rep Orestis Vasiliou; land registry official Gregoris Souroullas; and the…

Read More
Six found guilty in Dromolaxia scandal
Local News December 22, 2014

Ruling expected in Dromolaxia land scandal

Larnaca criminal court is expected to rule later Monday on the Dromolaxia land deal scandal, the first of many scandals that emerged over the last two years.
The deal in question involved the purchase by CyTA’s pension fund of office space in Dromolaxia, near Larnaca airport, at a price reportedly several times the going market value.
The land was initially sold to Wadnic Trading, which upgraded the coefficients, built on it and sold it on to the CyTA…

Read More
Ruling expected in Dromolaxia land scandal
Comment December 7, 2014

The corrupt rule of small kingdoms

By Loucas Charalambous

I HAVE written many times about the small kingdoms and fiefdoms which have been operating with catastrophic consequences for the economy and altogether make up the so called broader public sector.

First, we have the kingdom of the state sector in which there are several different fiefdoms, the members of which have more privileges than their colleagues; I refer to teachers, air traffic controllers, employees of the Central Bank etc.

Outside the state services, we have the…

Read More
The corrupt rule of small kingdoms
Local News Technology December 4, 2014

New Cyta app to monitor children’s smartphones

CYTAMOBILE-Vodafone launched a new application for smart phones on Wednesday that helps parents protect their children from the dangers of the internet and control their phone contacts.

The safeMobile app, available for free to all customers with monthly contracts and prepaid cards, lets parents define which people their children can talk to and exchange SMS messages with, limit the applications the children can have access to, locate their children through GPS and monitor their childrens’ use of their mobile phones.

Read More
New Cyta app to monitor children’s smartphones
Local News December 2, 2014

Verdict expected in CyTA land scandal on December 22

The Aero Centre project in Dromolaxia is “a serious case of corruption,” the prosecutor in the trial said in her closing arguments in court on Tuesday.

“A feast was held at the expense of the CyTA (Cyprus Telecommunications Authority) pension fund,” prosecutor Elli Papagapiou told the court.

Larnaca criminal court, which has been trying the case for months, has adjourned to December 22, when it is set to deliver its verdict on eight defendants implicated in the case.

The land…

Read More
Verdict expected in CyTA land scandal on December 22

You might also like...

Calendar

January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031