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Laiki depositors say will not allow financial crimes of 2013 to go unanswered

Justice cannot allow the financial crimes of 2013 to be covered up, Laiki bank depositors group Sykala said on Sunday.

In an announcement, Sykala said they were outraged that “even the few steps taken to serve justice for the depositors during the 2013 haircut tragedy, are being blocked by the banks, without a trace of shame”.

The Association wonders “why the banks have appealed to the Supreme Court as a group and are resisting a court ruling secured by the police on 1/9/2020 from the Nicosia District Court, which obliges them to provide information for 2013”.

Sykala also questioned who was protecting whom, at the expense of all those who saw their savings slashed by the haircut, who were the “main victims of the illegal acts”.

They said they will not stop fighting for justice.

In March 2013, following tortuous negotiations between the government and the Eurogroup, all deposits in Laiki over €100,000 were lost.

Sykala has around 4,500 members and says its aim is “to reclaim the money which was stolen as a result of the profoundly illegal actions of those who decided to steal it”.

Following the advice of the supreme court, it filed a mass civil law suit against the government, the central bank, Laiki and its auditors.

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