Cyprus Mail

Justice minister defends pace of economy collapse investigation

Justice Minister Ionas Nicolaou (CNA)

There has been no political pressure on Cyprus to halt the investigation into the collapse of the economy, Justice Minister Ionas Nicolaou said on Monday, responding to opposition criticism.
Earlier on Monday, DIKO chairman Nicolas Papadopoulos suggested that authorities were dragging their feet and questioned why former Laiki strongman Andreas Vgenopoulos had not yet been questioned.
Vgenopoulos is widely held responsible for the collapse of the island’s banking system.
“DIKO chairman Nicolas Papadopoulos’ statements today … can only cause surprise, especially when the determination of this government has been shown in practice to investigate the collapse of the economy, and the banks, including Laiki,” Nicolaou said in a written statement.
The minister said Papadopoulos knew well that bringing cases before court was the work of the Legal Service and all investigations were conducted by the police under its instruction where necessary.
Taking statements from implicated individuals was decided by the Legal Service after it had collected the necessary evidence.
Request to other countries for assistance were by nature time consuming, the minister said.

Related Posts

‘New form budget allows better use of money and resources’

Kyriacos Nicolaou

Big projects endanger Akrotiri salt lake ecosystem

Christodoulos Mavroudis

Cyprus records 6.1pct growth in Q2 2022, preliminary estimate

Sarah Ktisti

Mathikoloni blaze under control, firefighters on alert (Update)

Sarah Ktisti

Summer cinema with Lefkosiazo

Eleni Philippou

Man, 46, latest confirmed monkeypox case in Cyprus

Sarah Ktisti


Comments are closed.