A company belonging to the relatives of Cypriot President Nicos Anastasiades has reportedly moved millions of euros out of the country a few days before a controversial levy proposal by the Eurogroup was declared.
According to a recent report by the Cypriot newspaper Haravgi, the company A.Loutsios & Sons Ltd. co-owned by the president’s son-in-law, withdrew 21 million euros worth of promissory notes from Laiki Bank on March 12 and 13.
The withdrawal was completed three days before eurozone finance ministers agreed to grant a 10-billion-euro bailout (USD 13-billion) to Cyprus during a Eurogroup meeting in an attempt to save the country from bankruptcy .... http://www.presstv.ir
