This lot say they can help you release your frozen deposits.
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http://cyprus-mail.com/2014/05/23/court-freezes-vgenopoulos-assets/
THE Nicosia district court has frozen assets worth around €5.3 billion belonging to former Laiki Bank strongman Andreas Vgenopoulos and two other people, it was announced on Friday.
The court basically upheld interim orders with a global reach, secured by the administrator overseeing the resolution of Laiki Bank, formerly the island’s second-biggest lender.
The orders were issued in May 2013.
repulsewarrior wrote:...news today:http://cyprus-mail.com/2014/05/23/court-freezes-vgenopoulos-assets/
THE Nicosia district court has frozen assets worth around €5.3 billion belonging to former Laiki Bank strongman Andreas Vgenopoulos and two other people, it was announced on Friday.
The court basically upheld interim orders with a global reach, secured by the administrator overseeing the resolution of Laiki Bank, formerly the island’s second-biggest lender.
The orders were issued in May 2013.
...what with this news, one hopes it will be a good time to get out the popcorn.
Cyprus depositors seek legal action against ECB, regulator over forced bank losses
Read more at http://www.lawyerherald.com/articles/56 ... Csl3p5w.99
“But the interesting question is this: how many cases of money laundering have been investigated in Cyprus over the last seven or eight years?” he asked. “Because we keep hearing reports from Greece that Polakis Sarris’ account in Cyprus has been allegedly involved in such a case, and we also hear that Dinos Michaelides’ illegal gains were moved through a Cypriot account. So what are the authorities doing?”
Vgenopoulos signed off his accusatory diatribe with perhaps his most offensive assertion.
“Christofias, Orphanides and Kazamias never realised what happened when they agreed to the Eurogroup decision that restructured Greek private debt,” he opined. “They did not know what was to follow. Moreover, if one were to question Demetriades on what happened,
http://cyprus-mail.com/2014/05/28/vgeno ... n-the-law/
Vgenopoulos had a lot to say about the House Watchdog Committee and its chairman Demetris Syllouris, none good. Its recently published report on the economy, according to the former banker, is ripe with inaccuracies, misrepresentations and arbitrary conclusions, but worse of all, he said, were the “intentional omissions.” Such intentional omissions include the fact that a 20 per cent of the €800 million in loans granted by Laiki for the purchase of MIG equity may not be recovered – included in the report – when relevant percentages for other loan categories, like 65 per cent of the total €7 billion forked out in loans to developers, were silenced – and not included in the report.
“The report had no chapter on the issue of loans given to land developers after they could not pay their existing loans,” he said. “The Committee also inexplicably did not look into the bank’s government-appointed administrations that followed our own. What is that? A mistake?”
Greek businessman Andreas Vgenopoulos dies at 63
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