Cyprus Mail
Cyprus Property

Remand extended in Aristo case

By George Psyllides

THE Paphos district court on Thursday extended a remand order for a 38-year-old held in connection with forgery and fraud in the demarcation of 177 plots of land on behalf of Aristo Developers.

Aristo boss Theodoros Aristodemou, wife Roulla, an employee of the Paphos municipality, and the former municipal engineer, were also detained in connection with the case.

Christos Solomonides, who worked as a designer for Aristo is suspected of drawing a fake site map that was found in the file.

Solomonides was arrested a few days after the other four and had just finished an eight-day stretch in police custody.

On Monday, a court extended the remand order for the other four suspects for a further eight days.

During that hearing, investigators told the court they had found large cash deposits in the former municipal engineer’s bank accounts.

Savvas Savva claimed that apart from his salary he had also been receiving financial assistance from relatives but refused to answer questions regarding a specific amount.

He also declined to disclose the reasons he had been given the money.

On Thursday, police told the court they were waiting for the other suspects’ banks to respond to requests for information.

So far investigators have taken 98 statements and expected to take 40 more, the court heard.

The arrests followed a police investigation into the demarcation of 177 land plots in Skali, Paphos, in 2010.

It emerged that the plans for which the demarcation permits were issued were switched with new plans, which seemed to cede approximately 3,000 square metres, worth hundreds of thousands of euro, previously designated as green space, back to Aristo Developers.

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