The position that everything was done lawfully in relation to loan restructuring of 110 thousand euros, stated in Sigmalive, the community consultant of AKEL in Achna, Giannakis Andreou.
The relevant report of Sigma:
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Mr. Andreou rejected them favorable treatment on grounds of party affiliation, in relation to the procedure followed for the restructuring of the loan. "We made a proposal to Altamira for a settlement of 50 thousand, we were told 60 and we paid for it," he underlined.
Asked if there was any party coverage and if this amount was paid by AKEL, Mr. Andreou said he did not know, adding that what he knows is that both he and D. Matolis (also a community councilor of AKEL) gave from 30 thousand and paid.
It is worth noting, however, that from the document held and presented by SIGMA It seems that the repayment of the amount of 60 thousand euros was made by AKEL and in fact for this purpose, the party allegedly broke a bill of 90 thousand euros.
At the same time, Mr. Andreou in the communication he had with Sigmalive reserved all his legal rights.
Source: SigmaLive