Cyprus Mail
Cyprus

Remand for TEPAK official and contractor

By George Psyllides
A university official and a contractor were on Friday remanded in custody for five days in connection with financial irregularities relating to properties used by the Limassol-based University of Technology (TEPAK).
The two were already in custody for similar offenses in connection with two buildings, Symeon and Kalypso, but authorities have expanded their investigation to cover two other properties, Dorothea and Hani.
The two are Zenon Achillides, 44, head of TEPAK’s property management service, and a 51-year-old contractor Giorgos Hadjigeorgiou.
They are held in connection with unauthorised payments, double charges and other offences.
The court heard that €35,618 had been charged to install flooring in Symeon, which was included in the building’s equipment. It emerged that the amount did not concern equipment but additional work that was not provided for in the contract.
The contractor is also accused of charging and receiving €421,000 for additional work at Kalypso, which was the obligation of the owner.
The work included the installation of special piping for medical gas, worth €42,000, which was never put in place. Instead, the contractor allegedly installed ordinary pipes worth €3,000.
Police also have testimony that the contracts should not have included provisions covering the cost of additional equipment and work, which should have been done through public tenders.
Concerning the two new buildings, an agreement was signed for Dorothea on November 3, 2008, between Achillides and Hadjigeorgiou, who was the owner, to rent the property for €22,600 per month. The agreement was not authorised by the university authorities and no minutes exist.
The agreement included payment of €1.1 million for work to the building, out of which €180,000 was paid for work already done in 2007.
Investigators also located another payment for additional work, dated December 2009, for €271,000. It included an extractor for a laboratory worth €6,500, which was charged again a year later.
A contract for additional renovation work was also signed for Hani, again without authorisation, the court heard. The contract included expenses that the owner of the building should have footed. There was also a charge for €24,000 for special laboratory flooring which was never installed.

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