Convict caught after two days on the run

TWO DAYS after he escaped from the Nicosia central prison, a convicted killer was yesterday being held in the custody of the Turkish Cypriot authorities.

Turkish Cypriot Panayiotis Netzadi, 33, had managed to escape from a high-security wing along with 28-year-old Odysseas Kalanides, a Pontian Greek from Georgia on Sunday afternoon.

Bank of Cyprus dismisses US money laundering suit

BANK of Cyprus (BoC) yesterday dismissed a civil suit for $162 million filed against it by the US government for allegedly helping to launder hundreds of millions of dollars in the AremisSoft securities fraud.

The US government filed two suits on Monday. The second was filed against Lloyds TSB Bank Plc for $130 million.

Inspectors to probe ‘excessive’ prices

PRICE increases in excess of inflation will be investigated by inspectors to be appointed during the transition to the euro, the Consumers’ Association said yesterday.

Police to track down £30 million in unpaid social insurance

OVER the next few days, eight police officers will undertake the role of tax collector with the sole purpose of collecting £30 million in unpaid social insurance.

According to Phileleftheros £10 million is owed by employers and the rest is owed by individuals registered as self-employed.

Cyprus on its own over Syria ferry dispute

WITH THE government scrambling to put a stop to the ferry service between Syria and the breakaway Turkish Cypriot regime, reports yesterday suggested Nicosia was on its own and could not expect any help from the EU.

Lost passport leaves deportee stuck in jail

A VIETNAMESE student who completed an eight-month prison sentence for theft has been detained in police custody for the last 10 weeks because no one can find his passport to send him home.

Lease deal was ‘last chance for Eurocypria’

EUROCYPRIA chairman Lazaros Savvides yesterday sought to assure the airline’s pilots that a deal to lease two planes to a Canadian company during winter would not affect their jobs.

The pilots staged a strike on Sunday to protest against the agreement that Eurocypria says it needs to stay afloat. Four flights to the UK were affected by the strike.

Straighten up to save your spine

EIGTHY per cent of the population experience problems with their spine at some point in their life.

That was the verdict of Dr Efstathios Papadopoulos, President of the Cyprus Chiropractic Association and Vice-President of the World Federation of Chiropractors yesterday, on the occasion of World Spine Day.