Jetzt kommen die grössten Ratten des Betruges auch nach Zypern, eine Art Nachfolge Organisation korrupter Finanzierungen, des Betruges der Hypo Alpe Adria. Josef Ackermann, der Bank Gangster wird Vorsitzender der Geldwäsche Bank, der Balkan und der Russen Mafia. Den Oligarchen Verbrecher Clans in der Ukraine, will man Milliarden Kredite ebenso geben, wo nie jemand etwas zurückzahlte.
Gefälscht und betrogen werden bei den EBRD Krediten noch in viel schlimmeren Ausmaße, als bei dem Desaster der Österreich Ganoven mit der Hypo Alpe Adria, der anderen Österreicher Banken. Wird die EBRD, KfW, Büros von Bank Fachleuten geleitet, kann man verneinen!
Die US und Russische Casino Mafia, will nun ihre Fake Firmen, Geldwäsche Geschäfte nach Zypern legen, was zeigt, wie korrupt dieser EU Staat ist.
Nicosia, December 5, 2014 / Independent Balkan News Agency Review Hari Stefanatos The European Bank for Reconstruction and Development Office (EBRD) was officially inaugurated on Thursday in Nicosia. The bank aims to invest at least EUR 700 millions in Cyprus during the next seven years. The opening ceremony was officiated by Minister of Finance Harris […]
Nicosia, December 11, 2014/ Independent Balkan News Agency By Kyriacos Kyriacou Casinos’ operation was not allowed in Cyprus mostly due to the social consequences of gambling. But the government, which under a strict euro-bailout program, decided to change its stance on the issue acknowledging the big financial benefits including the significant income from taxing. Furthermore, […]
Bank of Cyprus elects new Board under protests of bondholders
By Kyriacos Kyriacou-Nicosia
The Bank of Cyprus Annual General Meeting (AGM) elected Thursday a new Board of Directors, as angry protesters, outside the bank’s headquarters, tried to enter the building.
The AGM elected the new board, following a recent €1.0 billion capital raise, the biggest foreign direct investment in the island`s history.
The bank has been recapitalised with depositor money, as part of a €10 billion bailout Cyprus received from the EU/IMF, under which 47.5% of uninsured deposits over €100,000 have been converted to shares.
The Bank`s CEO John Patrick Hourican, the deputy chairman Vladimir Strzhalkovskiy, Ioannis Zographakis and Marios Kalochoritis were relected to the new Board of Directors. The new Board members are: Josef Ackermann, Arne Berggren, Maksim Goldman, Christodoulos Patsalides, Wilbur Ross and Michalis Spanos and they have the backing of the new major shareholder of the bank Wilbur Ross.
Zacharias Palexas, whose name was put forward by former Laiki bank depositors (SYKALA), who hold 9,6% of the bank’s shares, was not approved by the AGM (88.6% voted against his election and 11.4% in favor).
A special resolution approved by the AGM stipulates that the number of the Board members shall be no less than 7 and no more than 13.
Bond holders, who lost their money after the bank’s bail-in in March 2013, gathered outside the bank`s headquarters, threw various objects at the building and tried to enter it. Tensions ran high when the Minister of Finance Harris Georgiades arrived.
Both outgoing BoC Chairman Christis Hassapis and Managing Director John Patrick Hourican highlighted in their addresses the stronger position the bank is in today and its capacity to be at the forefront of Cyprus` economic growth.
Hassapis said that taking into account the state the bank was in when the current leadership took over and where it is today “I feel great satisfaction with what has been achieved. We are handing over to the shareholders the new Board of Directors, a bank with concrete capabilities.”
Referring to the proposal that Josef Ackermann, former Deutsche Bank CEO, from Switzerland, should take over the post of Chairman of the bank, he said that “it constitutes an important step in the efforts to successfully deal with the challenges the bank faces and its capability to continue to play its traditional role in funding the real economy as the country`s largest bank”.