Cyprus Mail
Cyprus

Police chief replaces economy investigator

Police chief Zacharias Chrysostomou (r)

By Staff reporter

THE chief of police yesterday replaced the head investigator into the collapse of the economy after resigning the previous day.

Chief inspector Themistos Arnaoutis resigned on Tuesday and was replaced by Christos Mavris, who holds the same rank.

The reasons for Arnaoutis’ resignation were not made public.

A police announcement said that the chief also decided to reinforce the investigating team.

Authorities are investigating the causes for the collapse of the economy covering the period from 2006 to March 2013.

On Tuesday, Attorney-general Costas Clerides rejected claims by MPs that authorities were dragging their feet in investigating the circumstances leading up to last year’s collapse of the financial sector, and accused them of ignorance.

“If some believe, or wish to cause people to believe, that by merely handing to authorities documents related to a certain malfeasance, that this is sufficient to take someone to court, this betrays a complete ignorance of how institutions and procedures work, and serves nothing but to stoke people’s impatience and their already shattered confidence in institutions,” Clerides said.

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