Cyprus Mail

Deputies’ plan House debate on CBC governor report

Central Bank governor Chrystalla Georghadji

By Angelos Anastasiou

THE HOUSE ethics committee has finalised its report on Central Bank governor Chrystalla Georghadji, and a plenary discussion is most likely to be held in September, chairman Nicos Nicolaides said on Tuesday.

Speaking after a committee session, Nicolaides said the report comprises the joint views of committee members.

“The report consists of the case history, from the issue being brought for parliamentary scrutiny, the views of all parties involved as expressed before the committee, and the recommendations and findings of the parliamentary committee,” Nicolaides said.

He added that the completed report has been passed to political parties for final approval, before being forwarded to President Nicos Anastasiades, the House speaker and the attorney-general.

But the committee’s decision that the contents of the report be discussed at the plenum means it cannot take place before September, as the House has only two scheduled plenary sessions left before closing for summer vacation.

The real goal is for the conclusions and recommendations in the report to be properly utilised in the direction of correcting distortions and omissions found in the operation of institutions, Nicolaides said.

He added that the report includes recommendations in various directions, part of which relate to parliamentary work, such as the need to modernise legislation, especially on issues of conflict of interest.

Asked whether the report could be employed by the legal service as part of Anastasiades’ instructions to request the courts to fire Georghadji, Nicolaides said the goal is not for the report to be used in any particular way, or infringe on any other proceedings.

“The reason it is being forwarded to the attorney-general and the president is because it records useful conclusions and views, and how they might want to use it remains up to them,” he said.

AKEL deputy Aristos Damianou welcomed the report because “the sum total of observations we had recorded in the interim report have been incorporated into the text that has been given to political parties for the final assessment”.

He added that the report paints an accurate picture of what has taken place, “to the extent that various parties involved have allowed us to learn what really happened, because the report also records attempts to misdirect and conceal evidence”.

Damianou noted that the report will also be forwarded to the attorney-general so that he can decide on the way forward.

“We identify the political and institutional responsibilities of both Mr Anastasiades, and Mrs Georghadji,” he said.

With regard to the preparation of a bill on conflict of interest, Nicolaides said that parliament’s relevant departments will be engaged to prepare it, noting that University of Cyprus professors have already been assigned the preparation of a study on the matter.

“The experts’ initial conclusion was that beyond existing clauses, both legislative and constitutional, with regard to incompatibility, the issue of conflict of interest should be addressed more broadly through the introduction of legislation that will cover such matters, which, along with isolated amendments of existing laws, would create a completed legislative framework,” he said.

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