Only two of the 27 cases investigated for the collapse of the Cooperative were brought before the Court.
One concerns the SPE Strovolos, where in the first instance he was acquitted and an appeal was filed by the Legal Service and the other concerns the SPE Erimis, which is before the District Court of Limassol.
The decisions regarding the Agia Napa Police Station and two cases concerning the Agia Phyla Police Station are also acquittals.
Additionally, three other cases concerning the Solia Police Station, the Stroumbi Police Station and the Krasochori Police Station are under investigation.< /p>
Most of the cases ended up in the drawer, either because no evidence was found, or because some kept their mouths tightly shut.
In the Deputy Chief's note, there is talk of investigations carried out into everything concerns the write-off of 63 million, which were non-performing loans.
In this case, 19 groups of companies have been investigated for the provision of credit facilities by the former Cooperative Credit Sector and it has been found that loans have been granted to two under conditions that could potentially commit criminal offences. The Police, for its part, recommended further investigations, informing the Legal Service, while the case files have been sent to the TAE Limassol for the continuation of the investigations into the two groups.
Regarding the investigation into the commission of criminal offenses for illegal overcharging of interest, Dimitris Dimitriou stated that the police investigations have been completed and the case is in the hands of the Legal Service, as well as the cases of claiming and approving hospitality, travel abroad and concession expenses and use of corporate cards.
Finally, the Legal Service has the file for the purchase of services from external partners for the period 2013-2018 amounting to 37 million euros.
And in all concerns the much-lauded agreement between Central Cooperative Bank and Altamira, the Police, after investigating the case, have not secured any evidence to substantiate any crime.
