FBME administrator says is entitled of participating in case in Frankfurt

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FBME administrator says is entitled of...
 © CyprusMail 2017
Chris Iacovides, the special administrator of the Cyprus branch of Tanzania’s FBME Bank Ltd, said he considers himself entitled to participate in proceedings at German courts as he was the only cell “vigorously resisting” lawsuits brought to European courts by depositors.

Iacovides was responding to an April 7 report by Kathimerini newspaper that a German court in Frankfurt had banned him from obtaining documents of the ruling, which Bank of Tanzania won when unnamed depositors claimed unspecified deposits held at an also unnamed correspondent bank in Germany.

Kathimerini said the...


FBME administrator says is entitled of participating in case in Frankfurt


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