11 December 2013 11:19

Central Bank of Cyprus board member Nicos Constantinou. who is also chairman of the watchdog committee. is suing the supervisory body’s Governor for libel.
A press release yesterday by Constantinou said the legal action was against allegedly defamatory comments made by Panicos Demetriades on December 2 in regard to a controversial contract signed with London-based audit firm Alvarez & Marsal.


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