Laiki
By unanimous vote, the House on Thursday passed legislation aiming to fast-track the return of at least part of the moneys that legacy Laiki’s depositors...
MPs hope for swift passage of bill to see some money returned to Laiki depositors
Lawmakers said on Monday they hoped for swift passage of a bill that would fast-track the return of at least part of the moneys legacy...
Court rejects lawsuit related to 2013 banking crisis
The president of the Nicosia district court has rejected a lawsuit against the government, the Central Bank and the Bank of Cyprus, which, among other...
Deputies set conditions for releasing money for Solidarity Fund
Lawmakers on Monday sought more details from the government before agreeing to release €25 million to be used for the Solidarity Fund. Enacted in March...
Charges dropped against former central bank boss in corruption trial (Updated)
The Nicosia criminal court on Friday dropped all charges against former central bank governor Christodoulos Christodoulou and three others, including his daughter, in a corruption...
Bank of Cyprus to sell Laiki insurance legacy
Bank of Cyprus announced on Tuesday it has signed a binding agreement to sell its entire shareholding of 49.9 per cent in CNP Cyprus Insurance...
Laiki owner fixed job for ex-CBC chief’s former son-in-law
The former son-in-law of ex-Central Bank (CBC) governor Christodoulos Christodoulou who is accused of taking €1m to turn a blind eye to the takeover of...
Fund to help Laiki depositors to be voted this week
The bill establishing a Solidarity Fund will be brought to the House plenum by the end of the week, MPs said on Tuesday. “One way...
Irregular transfers highlighted in ongoing Focus case
The compliance department at Laiki Bank gave the okay for some €1m to be transferred to an account belonging to the son-in-law of former central...
Parliament to vote on fund for depositors
Parliament will vote on Friday on a Solidarity Fund to provide aid to Laiki depositors affected by the 2013 bail, the depositor’s group Sykala announced...