House plenary convenes in extraordinary meeting to debate report on collapse of CCB

The plenary of the House of Representatives will hold an extraordinary meeting on Thursday, 4 April, to debate the report of the investigative committee on the collapse of the Cyprus Cooperative Bank (CCB).

The Committee had been appointed in July 2018 and handed over its 800 pages long report to Attorney General Costas Clerides on 1 March.

President of the House of Representatives Demetris Syllouris has called an extraordinary meeting of the plenary on 4 April to debate the report. The transfer agreement regarding the acquisition of CCB assets and liabilities by the Hellenic Bank, which was concluded on 14 December, 2018, was also placed before the Parliament on 21 March, by Minister of Finance Harris Georgiades.

The Committee’s findings were unanimous and covered two different periods between 1985 and 2013 and 2013 and 2018, the first period spanning 9 chapters and the second 28.

Until mid � December 2018, the Committee heard evidence from 75 witnesses and received 98 depositions, which took place in 40 public hearings. The minutes of the hearings came to 2,781 pages, while documents numbering 120,000 pages were submitted to the Committee in hard or electronic form.

Source: Cyprus News Agency