The decision issued today by the Famagusta district court puts a bomb in the foundations of Marfin.
The decision comes to freeze the assets of MIG, in favor of a company, which lost deposits of approximately 1,5 million euros, due to the "haircut" in 2013 in the former Laiki Bank.
This is, in essence, the first case of a "trimmed" depositor, in which a Cypriot court seizes the assets of MIG, the late Andreas Vgenopoulos, in order to secure the claims it claims in the basis of its lawsuit.
Based on the court decision, which was secured by Sigma:
- Prohibits the MIG company from selling the shares it holds, either directly or indirectly, to the Greek company Athens Diagnostic and Therapeutic Center "HYGEIA" SA.
- It prohibits MIG from implementing the decision of its General Meeting of August 27, 2018 or any other date, concerning the sale to Hellenic Healthcare of all the shares it holds directly or indirectly in the share capital of "HYGEIA".
The MIG agreement received the approval of the Hellenic Capital Market Commission only yesterday and is expected, according to the Greek Media, to be completed at the beginning of 2019.
It is therefore understood that the decision of the Famagusta District Court may change the facts. The decision provides for the rapid delivery of the court order to the MIG offices in Greece.
The court makes it clear that its order is valid until the full litigation against MIG, unless the company appears before it on October 12 and proves that its order should not be enforced.
Until then, the decree states:
If MIG, any director, agent or employee fails to comply with the ordinance, their property will be seized and their property confiscated.
It is important to see the reasons cited in the lawsuit by the company, which lost its deposits in the former Laiki. We said at the beginning that the lawsuit is directed against other people.
The company's claims are also directed against Efthymios Bouloutas, Kyriakos Mageiras and Vassilios Theocharakis.
At various times, according to what the company claims in its lawsuit, the specific persons, together with Andreas Vgenopoulos, were members of the Board of Directors of Laiki Bank and with coordinated but illegal decisions together with MIG, contributed to the granting of loans to hundreds million in MIG itself, in which they had a direct or indirect personal interest, since they were its officials during the same period.
According to the allegations before the court, the company that lost its deposits, the specific persons used fraudulent actions, which led to the collapse of Laiki Bank, which these persons ruled in the interests of its depositors. who lost their money.
The lawsuit is also against Christodoulos Christodoulos. The company refers to its allegations, the ongoing criminal proceedings in the Criminal Court of Nicosia, where it is charged to the former Governor of the Central Bank and the offense of bribery by the company Focus, so that Andreas Vgenopoulos can acquire in an incompatible manner MIG and the Tosca Fund investment fund in the share capital of the former Laiki Bank.
The company's allegations seem to include Focus' alleged provision of money to political parties in Cyprus by the police authorities.
This, as the company claims, is something that suggests that it aims to facilitate the illegal objectives of Andreas Vgenopoulos and the Defendants in its case, which resulted in the direct or indirect granting to MIG of millions of euros by Laiki Bank and its subsidiary. company in Greece Marfin Egnatia Bank.
Source: SigmaLive
