Cyprus Mail
Cyprus

Lillis associate tells court he was ‘disgusted’ with AKEL

By Constantinos Psillides

A close friend of businessman Nicos Lillis told the Larnaca court yesterday he was “disgusted” with AKEL and had gone to testify of his own volition to “expose their dealings” in the suspicious CyTA land deal in Dromolaxia.

Vasos Kyriakou, also known as Kotsinis, testified before court that he was in a car with prosecution witness Lillis and saw an envelope containing €90,000 that Lillis told him that he would be giving to then CyTA chairman Stathis Kittis who is also on trial.

Kyriakou also testifi ed that he once heard Lillis saying that “AKEL will get its share of the deal”.

“I tried to move the envelope so I could sit and Lillis jokingly told me to count it, so he could give it to Kittis,” said Kyriakou.

Kyriakou said that he was a true ideologue and that while he wasn’t a member of AKEL he regularly attended party gatherings.

Lillis and his company, Wadnic, are key players in the case concerning the funding of a multi-million development project – theAero Centre – in Dromolaxia from the CyTA pension fund, with hundreds of thousands of euros allegedly exchanging hands in kickbacks and greasing political wheels.

The land was sold to Wadnic Trading, which managed to upgrade the coefficients, built on it and sold it on to the CyTA pension fund for some €20 million.

Former CyTA chairman Stathis Kittis and six others – former electricity authority EAC chairman Charalambos Tsouris, a member of the CyTA board at the time, AKEL official Venizelos Zanettou,the director of CyTA’s pay-TV arm and SEK union rep Orestis Vasilliou, CyTA employee Yiannis Souroullas and his brother Gregoris who works at the land registry, and businessman Antonis Ioakim, a shareholder in Wadnic, are being tried separately by
the Larnaca Criminal Court in connection with the case.

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