Investigators off to Athens on Sunday

Two police investigators are set to travel to Athens on Sunday to question and take statements from five people in connection with Cyprus’ economic collapse.

The case, which is linked to the former head of now defunct Marfin – Laiki Bank Andreas Vgenopoulos is an ongoing investigation and police spokesman Andreas Angelides declined to comment if Vgenopoulos would be one of the five.

Allegations against him, 11 others and his investment group MIG outline that they took imprudent banking decisions in favour of MIG or its subsidiaries creating a conflict of interest.

 

 

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.