Cyprus inquiry into failed bank hears conflicting allegations


An official inquiry into the collapse earlier this year of one of Cyprus’s largest banks has had its time for publishing its report doubled as a series of witnesses make increasingly complex allegations.

The Cyprus Co-operative Bank collapsed in March this year, having received two recapitalisations from Cyprus’s government in 2014 and 2015, together worth approximately €1.7 billion ($2 billion).

Georgios Arestis, a former judge at the European Court of Justice and Cyprus’s Supreme Court

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: