Orphanides rubbishes AKEL laptop claims [Cyprus Mail]
(Cyprus Mail Via Acquire Media NewsEdge) Author: George Psyllides
FORMER Central Bank governor Athanasios Orphanides yesterday accused the leader of ruling AKEL of lying about the circumstances that led him to hold on to a pair of laptop hard drives after he left the job.The issue emerged last September with Orphanides being accused of withholding data and documents belonging to the banking regulator.The former governor rubbished the allegations at the time and threatened legal action."Any allegations that are not consistent with the events (outlined in a September 6, 2012 statement) are false and completely unsubstantiated," Orphanides' lawyers said yesterday.The announcement followed comments by AKEL leader Andros Kyprianou a few days ago, suggesting a lot of information contained on the drives had been deleted. This information should have been passed on to a professional firm investigating why the island's two main banks sought state assistance, he said.Daily Haravghi, the mouthpiece of the ruling party, yesterday ran a front page report saying Orphanides had refused to take delivery of a letter from the Central Bank asking him to return the drives.The paper said a private bailiff visited Orphanides' home in the village of Lefkara and despite there being someone inside, whoever they were, did not open the door when they were told it was a bailiff.Orphanides is currently in the USA and it could not be immediately confirmed if any members of his family were still in Cyprus.Haravghi said "a member of the family refused to accept the letter" – although the door was never opened.After waiting for some time, the bailiff departed after sliding the letter under the door, the paper said.Back in September, Orphanides said he had no document belonging to the Central Bank in his possession.The hard drives in question contained his personal correspondence, which could not be deleted, he said through his lawyers."That was the reason why, during talks between Mr Orphanides and bank officials prior to his departure in April 2012, it was decided that the hard drives would be removed from these laptops before the latter were to be returned to the Central Bank," it was said at the time.Orphanides served as governor between May 2007 and May 2012. His departure triggered recriminations between himself and the government, with Orphanides blaming the administration for the ills of the economy. The government in turn blamed the banking crisis, and a weak regulatory framework on Orphanides, during his five-year stewardship.
(c) 2012 Cyprus Mail Provided by Syndigate.info an Albawaba.com company
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