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BoC customers fighting back…

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Re: BoC customers fighting back…

Postby CBBB » Tue May 21, 2013 1:25 pm

This lot say they can help you release your frozen deposits.
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Re: BoC customers fighting back…

Postby repulsewarrior » Fri May 23, 2014 6:35 pm

...news today:

http://cyprus-mail.com/2014/05/23/court-freezes-vgenopoulos-assets/

THE Nicosia district court has frozen assets worth around €5.3 billion belonging to former Laiki Bank strongman Andreas Vgenopoulos and two other people, it was announced on Friday.

The court basically upheld interim orders with a global reach, secured by the administrator overseeing the resolution of Laiki Bank, formerly the island’s second-biggest lender.

The orders were issued in May 2013.


...what with this news, one hopes it will be a good time to get out the popcorn.
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Re: BoC customers fighting back…

Postby kurupetos » Sun May 25, 2014 12:19 am

repulsewarrior wrote:...news today:

http://cyprus-mail.com/2014/05/23/court-freezes-vgenopoulos-assets/

THE Nicosia district court has frozen assets worth around €5.3 billion belonging to former Laiki Bank strongman Andreas Vgenopoulos and two other people, it was announced on Friday.

The court basically upheld interim orders with a global reach, secured by the administrator overseeing the resolution of Laiki Bank, formerly the island’s second-biggest lender.

The orders were issued in May 2013.


...what with this news, one hopes it will be a good time to get out the popcorn.

A cheap trick from DiSy to get more votes tomorrow. :roll:
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Re: BoC customers fighting back…

Postby DT. » Sun May 25, 2014 11:54 pm

Don't know if I mentioned it but one of our funds is very interesting in purchasing both BOC shares given in exchange for deposits held pre-haircut and frozen deposits.

PM me if you'd like to discuss further.
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Re: BoC customers fighting back…

Postby Rufus2013 » Mon May 26, 2014 9:24 am

Hi DT. In relation to the Shares what are you offering? it needs to be worth my while to make up for the pain, and you would not be buying if you didn't think the share price was going to go up. DM me as I cannot DM you for some reason, please include your email address. Thanks
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Re: BoC customers fighting back…

Postby repulsewarrior » Wed May 28, 2014 1:18 am

...beside Vgenopoulos, we can look forward to this case:

Cyprus depositors seek legal action against ECB, regulator over forced bank losses
Read more at http://www.lawyerherald.com/articles/56 ... Csl3p5w.99
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Re: BoC customers fighting back…

Postby repulsewarrior » Wed May 28, 2014 9:37 pm

...I am adding this for the record, it should get interesting if these names start to fly.

“But the interesting question is this: how many cases of money laundering have been investigated in Cyprus over the last seven or eight years?” he asked. “Because we keep hearing reports from Greece that Polakis Sarris’ account in Cyprus has been allegedly involved in such a case, and we also hear that Dinos Michaelides’ illegal gains were moved through a Cypriot account. So what are the authorities doing?”

Vgenopoulos signed off his accusatory diatribe with perhaps his most offensive assertion.

“Christofias, Orphanides and Kazamias never realised what happened when they agreed to the Eurogroup decision that restructured Greek private debt,” he opined. “They did not know what was to follow. Moreover, if one were to question Demetriades on what happened,

http://cyprus-mail.com/2014/05/28/vgeno ... n-the-law/

Vgenopoulos had a lot to say about the House Watchdog Committee and its chairman Demetris Syllouris, none good. Its recently published report on the economy, according to the former banker, is ripe with inaccuracies, misrepresentations and arbitrary conclusions, but worse of all, he said, were the “intentional omissions.” Such intentional omissions include the fact that a 20 per cent of the €800 million in loans granted by Laiki for the purchase of MIG equity may not be recovered – included in the report – when relevant percentages for other loan categories, like 65 per cent of the total €7 billion forked out in loans to developers, were silenced – and not included in the report.

“The report had no chapter on the issue of loans given to land developers after they could not pay their existing loans,” he said. “The Committee also inexplicably did not look into the bank’s government-appointed administrations that followed our own. What is that? A mistake?”
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Re: BoC customers fighting back…

Postby kurupetos » Sat Nov 05, 2016 3:50 pm

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Re: BoC customers fighting back…

Postby repulsewarrior » Sat Nov 05, 2016 5:48 pm

...thanks, kuru.

The SOB lived a short life, he takes with him many answers that may not be possible to find, now; his cronies must be happy, the rest of us i suppose, shall remain ambivalent to put it mildly, with his passing.
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