The mayor of Ayia Napa, Christos Zannetou, who can be a candidate for the June 9 elections, has been charged with legal offenses in relation to the alleged irregular securing of €765,000 in European sponsorship for a lodge improve.
The case, which considerations an alleged falsification of the monetary statements of the corporate that owns the lodge, was truly registered final month on the District Courtroom of Famagusta for the needs of referring Mr. Zannetos to a direct trial earlier than the Everlasting Prison Courtroom. The difficulty was delivered to mild by the Cyprus Instances web site, which reported that the impeachment would happen on Could 24, nonetheless, the date was postponed to June 13, 4 days after the elections.
The difficulty was additionally raised in a particular report of the Audit Service for the CTO, the findings of which have been made public in July 2019. The EY microscope was put underneath the microscope of a sponsorship given for the improve and modernization of a lodge in Ayia Napa, the shareholder and director of which was the litigant time Christos Zannetou. The €765,000 grant was given as a part of the Incentive Plan for investments in sustainable enrichment and upgrading of the vacationer product, which was co-financed by the European Regional Growth Fund and was primarily based on the submitted monetary statements of the corporate for 2007.
In its conclusions, the Audit Service said that “quantities included within the stability sheet of the monetary statements for the 12 months 2007 and associated to borrowing, which was an vital parameter for the analysis of the appliance, are offered with smaller quantities, which reveals that the submitted as chosen, monetary statements of 2007 have been falsified”. The Audit Service, figuring out the potential fee of legal offenses, had requested at the moment to refer the matter to the Lawyer Normal.
In 2019, in accordance with filenews data from the Police, the TAE of Famagusta started to research the matter with the case file being forwarded to the Authorized Service, which requested further examinations. Not too long ago, as reported to us, directions got to register the case earlier than a court docket for the aim of referring it.
Philenews requested an announcement from Mr. Zannetou, who stated {that a} assertion can be issued by their attorneys on the matter.
