Former CEO of Bank of Cyprus jailed for misleading shareholders

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Former CEO of Bank of Cyprus jailed for...
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A court in Cyprus sentenced the former chief executive of Bank of Cyprus to two-and-a-half years in prison on Friday for misleading shareholders on its capital needs immediately prior to the country’s financial meltdown in 2013.

 

Andreas Eliades, who resigned from the bank in 2012, had been found guilty by the island’s criminal court of issuing misleading statements about the lender which was hit...


This article was automatically added to our system 5-1-2018

Former CEO of Bank of Cyprus jailed for misleading shareholders


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