07 March 2014 11:59

Eight men, alleged by prosecutors to have played a hand in the multi-million euro land swindle deal in Dromolaxia several years ago, are this morning set to answer charges relating to fraud and corruption at the Larnaca Criminal Court
The defendants in the Dromolaxia trial are the Head of the Cyprus Telecommunications Authority (CyTA) trade union (EPOET) Orestis Vasiliou, former CyTA marketing manager Yiannis Souroullas, his brother and land registry official Gregoris Souroullas, Akel members Venizelos Zanettos and Christos Alekou, jewelry shop owner Antonis Ioakim, ex-CyTA boss Stathis Kittis and former Electricity Authority boss Charalambos Tsouris.
They are all facing 33 counts including conspiracy to commit a crime, bribery, corruption, fraud and abuse of authority to the tune of around €23million.
The property in question was bought from a Turkish Cypriot man in 2010 and then sold the following year to the CyTA Pension Fund for a disproportionately high price. The land provisions were upgraded suspiciously fast while several high-ranking CyTA officials resigned in the wake of the investigation.
Alki football club chairman Nicos Lillis and Cyprus Intelligence Agency (KYP) officers Kostas Miamiliotis and Lefteris Mouskos are facing separate charges of corruption and fraud for their alleged involvement in the same deal but in a separate trial at the Larnaca district court.
Lillis had previously implicated to investigators during questioning the role played by Kittis, Tsouris, the Souroullas brothers, Akel members Zanettos and Alekou, Ioakim and Vasiliou.
In another development. defence lawyer Georgios Georgiou recently excused himself of his role of counsel for Lillis after a leaked recording of private conversations – involving Lillis, Lillis’ wife and some other lawyers – from his office were secretly recorded and then leaked to the media.
He would later stepped down as defence lawyer for Lillis citing a conflict of interest.


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