Criminal investigators in Cyprus probing what occurred that led to the island’s financial collapse have been accused of dragging their feet.
Eight months ago, the cabinet had ordered criminal investigators to acquire a super-server to aid them in collecting the endless data from the ministries, state departments, financial institutions and political parties after it emerged that investigators were being submerged in endless paper trails and boxes containing documents.
According to reports in Phileleftheros, investigators have been struggling to make ends meet in their two-year long investigations because they do not possess the correct tools to comb through out-dated documents.
Purchasing the server had been deemed essential but, so far, nothing has been bought.
The issue was brought in parliament on Thursday and once again prompted shouting matches between MPs of rival parties Akel and Disy – who have themselves been implicated in malpractises during the disastrous handling of the island’s economy in previous years.
Back in 2013, Cyprus launched a criminal investigation into what caused the financial collapse, after the beleaguered island was forced to accept a multi-billion euro state bailout, in exchange for strict austerity measures.
Last year, it became widely reported that Disy and Akel received a total of €2million from Focus. Press reports last year said €1.5 million was donated to Akel and €500,000 to Disy in 2007 and 2008.
Focus had also been reported as paying former Central Bank Governor Christodoulos Christodoulou €1 million in 2007, two months after he stepped down. Christodoulou said the payment was an advance payment for ten years of consultancy services. Christodoulou was last year sentenced to five months in jail for failing to pay taxes on the amount.
Focus Maritime Corporation is owned by Greek ship-owner Michalis Zolotas, said to be a close associate of former Laiki strongman Andreas Vgenopoulos.
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