SYKALA
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...
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...
Deluge of bailout lawsuits moving at glacial speed
Five years on, of the thousands of private lawsuits filed in Cypriot courts against the March 25, 2013 bail-in, proceedings have yet to begin in...
Laiki depositors want compensation pledge for their vote
Laiki bank depositors, who saw their uninsured deposits wiped out in March 2013 when the lender was wound down, on Wednesday announced their intention to...
Bondholders to stage demo on Monday
SYKALA, the association representing some of the ex-Laiki depositors that lost all money in their bank accounts in excess of €100,000 in the March 2013...
MPs shut door to Laiki depositors’ claim over asset control
By Angelos Anastasiou PARLIAMENT on Thursday deferred voting on the proposed piece of legislation transferring administration of Legacy Laiki to the failed lender’s depositors, effectively...
Laiki administrator warns MPs over passing control to depositors
By Angelos Anastasiou Legacy Laiki administrator Chris Pavlou has warned parliament that transferring control over the entity’s assets from the Resolution Authority to the failed...
Legacy Laiki head resigns, saying ‘I have had enough’
Legacy Laiki Special Administrator Chris Pavlou resigned on Tuesday saying he has had enough. “I have resigned tonight,” he told the Cyprus Mail. “I have...
Our View: MPs at risk of creating bigger problems for Laiki
SYKALA, the association that represents some of the Laiki depositors that lost all money in their bank accounts in excess of €100,000 when the bank...
Success of Laiki’s €4bn complaint against Greece could satisfy depositors
By Stelios Orphanides Creditors of defunct Cyprus Popular Bank, also known as Laiki, hope to recover a significant part of the money they lost after...