Insider Business Co-op committee of inquiry sworn in

Co-op committee of inquiry sworn in

The three member committee of inquiry appointed to probe the collapse of the co-op was sworn in before the attorney general Costas Clerides on Monday morning who urged them to submit a comprehensive report that will allow measures to be taken to preempt similar developments in the future.

The committee is chaired by former Supreme Court judge Yiorgos Arestis. The other members are the former chairman of the Securities and Exchange Commission Yiorgos Charalambous and the former CEO of Alpha Bank Cyprus,  Yiorgos Georgiou.

After the swearing in ceremony Clerides urged the committee to make a complete, well-founded and objective investigation that will lead to a report with full analysis, explanations and conclusions.

These should not mark the end of a procedure but be the start of another procedure so that where necessary measures will be taken to “prevent phenomena such as those that you are investigating so that we are not witness to the same situation,” he said.

Read more

https://in-cyprus.com/news/business/committee-of-inquiry-into-co-op-to-be-sworn-in-on-monday/

 

Top Stories

Man catches arsonist dousing his car

  A man in Yeroskipou caught a man red handed dousing his car with liquid, which he subsequently discovered was flammable material. The incident happened...

Man bites hand of police officer checking SMS movement

  A man bit a police officer's hand as he was randomly checked for using an SMS for movement during the second week of the...

Covid assessment leads to change in country travel categories as of Jan.18

  The Epidemiological Monitoring Unit has reassessed the epidemiological conditions in certain countries as related to the travelling to and from Cyprus. The reassessment was based...

Dozens fined for covid violations as quarantine enters second week

  79 individuals and six businesses were charged for covid-19 violations over the past 24 hours, as the quarantine entered its 2nd week, with authorities...

17 year old Covid patient at Famagusta General

  A 17 year old teenage girl, the youngest to have been infected in the second wave of the pandemic, is being treated at Famagusta...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...