Auditor-general exposes oversights by insurance watchdog

By Stelios Orphandies

It must have been quite an unexpected surprise for Victoria Natar when she got the news that the Auditor-general Odysseas Michaelides decided to include her supervisory authority in his annual audits.

For some reason, Chrystalla Georghadji’s, former auditor general and predecessor of Natar, the secretive insurance companies supervisor who systematically avoids talking to the press, spared the latter from audits and so from any potentially unfavourable comments in the auditor general’s annual report for several years.

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.