Cyprus Mail
Cyprus

Orphanides case back in court

An Orphanides supermarket in Nicosia

Larnaca district court on Thursday heard arguments for mitigating the sentence on businessman Christos Oprhanides, who back in May was found guilty on four counts of bouncing cheques worth €400,000 to an advertising company.

The court set September 26 for sentencing.

Orphanides’ lawyer presented several arguments for mitigation, including the fact that since the verdict, his client has repaid the advertisers.

He cited Orphanides’ health problems, and argued that jailing his client would complicate his efforts to reach a settlement with his other creditors.

The lawyer asked for a suspended jail sentence.

The director of the now-defunct Orphanides Supermarkets chain is being hounded by several creditors.

In October 2015 Orphanides and his wife were found guilty of bouncing cheques worth some €20,000 to one of their supermarket suppliers – the first time the businessman had been held accountable for his company’s bad debts.

Related posts

Search at red lake continues, no results

Lizzy Ioannidou

Peace gathering and fund raiser for Sri Lanka bomb victims

Bejay Browne

Former president’s health continues to show signs of improvement

Lizzy Ioannidou

Increased halloumi demand drives prices up in UK

Lizzy Ioannidou

Well-known political cartoonist dies ..

Lizzy Ioannidou

Firefighters sent to Israel to return Sunday after job done

Lizzy Ioannidou

8 comments

Comments are closed.

X