THE Cabinet has appointed a three-member investigative committee which will look into the suspicious sale of Turkish Cypriot properties in government-controlled areas.
The members of the committee are Eleonora Nicolaidou a former state lawyer, Thasos Neocleous a former manager of the state audit office and Stalo Aristidou who was an executive engineer at the Public Works Department
Interior Minister, Socratis Hasikos had originally suggested the creation of an investigative committee after he received a slew of complaints by the previous government regarding comments he had made concerning the speed with which the land was sold.
Hasikos had said the procedure was done at the “speed of light,” suggesting that the whole process had been improper.
The cabinet had originally decided last week to investigate the suspicious sale of Turkish Cypriot land under the previous administration.
The land, in Dromolaxia, Larnaca, was sold to a Greek Cypriot, and after the coefficients were upgraded, it was sold to the telecommunications authority (CyTA) in 2011 for around €22 million.
And CyTA chose the plot over an adjacent one that was cheaper — by around €4.0 million — bigger, with all the necessary permits and building coefficients.
“All these will be the object of the investigating committee,” Hasikos said after the cabinet meeting last week.