Cyprus Mail
BusinessCyprus

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

One Covid-19 death recorded daily, local expert urges vulnerable groups to get fourth jab

Sarah Ktisti

Bishop of Limassol tests positive for Covid-19 (Updated)

Sarah Ktisti

The Lady of Lemba: dark side of an ancient statue

Jean Christou

Free tree saplings for locals in Tree Week greener Cyprus drive

Sarah Ktisti

Paphos police go on weekend crackdown of drink drivers and entertainment venues

Sarah Ktisti

The rise of the ghost kitchen

Theo Panayides

37 comments

Comments are closed.