Cyprus Mail

Two more suspects in Helector case in custody (Updated)

Two of the three remaining suspects from the 12 arrest warrants issued last weekend in the Paphos and Larnaca waste management scandals involving the Greek company Helector, were in custody in Cyprus on Sunday after flying in from Greece, the Cyprus News Agency reported.

The two are former company director Helector Demetris Yiannakopoulos and a civil engineer, Ιmad Baqleh. Another suspect, Helector CEO Athanasios Katris, is not due in Cyprus just yet, CNA said

On Monday the remand orders for another eight suspects, arrested on March 12, which includes Larnaca mayor Andreas Louroudjiatis, will expire and they will be due in Paphos court for a new hearing. The remaining suspect, is former Paphos Mayor Savvas Vergas who has already been convicted in the Paphos sewerage board scandal.
CNA said police are expected to ask for a new remand period for the eight as the investigation across all districts is extensive and complex.

Yiannakopoulos has reportedly indicated his intention to cooperate with Cypriot authorities, providing deeper insight into the overcharging scandal involving the waste plants at Marathounda in Paphos and Koshi in Larnaca.

Yiannakopoulos is said to be the person who ran – and perhaps conceived of – the entire system of kickbacks, where officials here were able to skim off the top in exchange for giving Helector the inside track on waste management contracts.

He was named by Ioannis Kokotsis, his successor at Helector, as the man who put the whole scheme together who is also in police custody.

As reported by local media, Kokotsis kept records of the backhanders in a safety deposit box in Athens. The records – which are now in the hands of Cypriot police – reportedly comprise a treasure trove of information, including names, dates and cash amounts.

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