NICOSIA – Police on Wednesday arrested three new suspects in connection with the Dromolaxia property investigation.
According to reports, Akel officials Venizelos Zanettos and Christos Alekou were apprehended in the afternoon along with jewellery shop owner Antonis Ioakim.
The head of the Cyprus Telecommunications Authority (Cyta) Stathis Kittis was remanded last week along with the investigation along with Cyta union (EPOET) head Orestis Vasiliou, Senior Cyta Marketing Manager Yiannis Souroullas and his brother Cytavision head Gregoris Souroullas. They all face charges of conspiracy to commit a crime, bribery, fraud and abuse of authority.
An investigative committee was appointed in June to probe allegations that a Turkish Cypriot owned property in Dromolaxia had been fraudulently purchased by a Greek Cypriot businessman and later sold to the Cyprus Telecommunications Authority (CyTA) Pension Fund.
Officials from the Cyprus Intelligence Agency (KYP) are also under investigation on suspicion that they forged documentation to facilitate the illegal land purchase in Larnaca.