President Nicos Anastasiades has urged judges investigating Cyprus’s banking disaster to examine transactions handled by his family law firm as “a priority”, in a bid to defuse public anger over last-minute transfers by some Cypriots, Russians and Ukrainians who thus avoided a “haircut” on their uninsured deposits.
It followed questions over whether a company managed by the president’s son-in-law used inside information to transfer more than €20m out of Laiki Bank days before its collapse.
Mr Anastasiades was speaking at yesterday’s swearing-in ceremony for three supreme court judges who will probe “civil, criminal and political” offences by people involved in the island’s financial services sector. He has strongly denied any wrongdoing.
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