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

127 new cases of COVID-19 on Wednesday

The Health Ministry announced 127 new COVID-19 cases on 21 October, out of 3,309 laboratory tests, taking confirmed infections to 2, 966. The break-down of...

Non-reversible damage to the sight of five patients operated for cataract

The damage to the sight of five out of the eight patients who were operated for cataract and presented serious complications due to infection...

Committee to prepare list of animals for pet shops; reactions

For the first time in Cyprus a list will be prepared with the animals that can be sold in pet shops, however, the issue...

Medical Association on Cyprus’ epidemiological situation

The Cyprus Medical Association is once again asking the public and businesses to make sure not to violate any protocols and to dutifully respect...

15-year-old missing since 20 October (PHOTO)

Police are looking for 15-year-old Antzel Ioannou, who has been reported missing from her place of residence in Nicosia since yesterday, 20 October. Ioannou is...

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...