Cyprus Mail

No foreign experts for demise of Cyprus Airways investigation

By George Psyllides

An ad hoc parliamentary committee probing the demise of national carried Cyprus Airways will have to manage without expert assistance due to the high cost, it emerged on Wednesday.

Auditor-general Odysseas Michaelides told MPs that outside experts would cost millions in taxpayer money and the committee must reach its conclusions without such help, chairman and DISY MP Nicos Tornaritis said.

He said the committee unanimously decided to continue its investigation into the airline’s closure early this year and draft their report including the points where specialised services were required.

The report will be handed over to the president and the attorney-general who will decide on possible further action.

Tornaritis could not say whether their investigation so far had detected any criminal activity. There were grey zones that parliament does not wish to get into, he told reporters.

Cyprus Airways was ordered to cease operations in January 2015, after the EU Commission ruled that the company had to return around €66 million in state aid that it had unlawfully claimed in 2012.

It had always been a matter of time before the airline went belly up given the way the company was being run into the ground by the interests of successive governments, management and unions.

The causes of its downfall were perhaps best summarised by its legal adviser Polys Polyviou during one of the ad hoc committee meetings: mismanagement, ineptitude and political meddling.




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