Cyprus Mail
Business

Five former BoC officials to face justice

Attorney-general Costas Clerides has decided to file criminal prosecutions against five former Bank of Cyprus (BoC) officials and the bank itself, as part of a broader probe into the causes of last year’s bank meltdown.

Those to be indicted as former CEO Andreas Eliades, his successor Yiannis Kypri, former board chairman Theodoros Aristodemou, former vice chairman of the board Andreas Artemi, and former first deputy CEO Yiannis Pehlivanidis, in charge of the bank’s Greece operations.

As well as the above, the bank itself will be indicted as a legal entity.

The decision was reached on Wednesday during a meeting between Clerides, deputy AG Riccos Erotocritou, lawyers from the AG office and the police team in charge of the criminal investigation.



Related posts

Draft code of ethics for MPs ‘too lengthy to discuss’ Akel says

George Psyllides

Turkey slams EU sanctions on TPAO officials

Evie Andreou

Man jailed for drink driving

Gina Agapiou

Man jailed for beating

Gina Agapiou

Zenon bus drivers call off planned strike

Gina Agapiou

Cyprus residents urged to limit travelling around if visiting virus-hit countries

Gina Agapiou

37 comments

Comments are closed.