Cyprus Mail
Cyprus

MPs trying to chase down former Laiki brass

Andreas Vgenopoulos

THE House Ethics Committee will be sending a second round of letters to former Laiki bank brass asking them to inform them whether they would be attending one of their meetings, after none of them showed up when they were expected.

The committee has been discussing a number of issues relating to the events leading country’s banking debacle including the closure of the island’s second biggest bank, Laiki, as part of an international bailout this March.

The lawmakers have been wanting to pick the brains of former Laiki chairman Andreas Vgenopoulos and former Laiki CEO Efthimios Bouloutas and former Laiki officials Kyriacos Magiras and Demetris Spanodemos.

They also invited Greek shipowner Michalis Zolotas who in 2007 made a €1.0 million payment into an account belonging to a company headed by the daughter of former Central Bank (CBC) governor Christodoulos Christodoulou.

The Ethics committee’s discussions run parallel to a number of others, including criminal investigations.

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