Cypriot President under fire over Laiki bank transfer - EU monitor

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Cypriot President under fire over Laiki bank transfer

Source: EUobserver (EUOBSERVER) i, published on Wednesday, April 3 2013, 9:48.

Cyprus president Nicos Anastasiades i is facing pressure after media reports that a legal firm managed by his son-in-law transferred €21mn out of Laiki Bank days before its collapse. The president strongly denies any wrongdoing and has urged judges to investigate the country’s banking disaster as “a priority."


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