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Cypriot president ‘warned his friends  to move money abroad’ before financial crisis hit

Posted By yihan On March 22, 2013 @ 12:14 pm In Featured Stories,Money Watch,Tile | Comments Disabled

James Chapman and Jill Reilly
Daily Mail [1]
March 22, 2013

Cypriot president Nikos Anastasiades ‘warned’ close friends of the financial crisis about to engulf his country so they could move their money abroad, it was claimed on Friday.

The respected Cypriot newspaper Filelftheros made the allegation which was picked up eagerly by German media.

Germans are angry at the way their country has been linked to the Nazis and Hitler by Cypriots angry at the defunct rescue deal which called for a levy on all savings.

The Cyprus newspaper did not say how much money was moved abroad but quoted sources saying the president ‘knew about the possible closure of the banks’ and tipped off close friends who were able to move vast sums abroad.

Italian media said the 4.5 billion euros left the island in the week before the crisis.

Full story here. [1]


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URLs in this post:

[1] Daily Mail: http://www.dailymail.co.uk/news/article-2297383/Cyprus-bailout-President-Nikos-Anastasiades-warned-friends-money-abroad.html

[2] Cypriot Business Owner: The Germans Want To Destroy Us Like They Bombed London In WWII: http://www.prisonplanet.com/cypriot-business-owner-the-germans-want-to-destroy-us-like-they-bombed-london-in-wwii.html

[3] BLOOMBERG: The Cyprus Bailout Is The Worst Thing Europe Has Done In The Entire Crisis: http://www.prisonplanet.com/bloomberg-the-cyprus-bailout-is-the-worst-thing-europe-has-done-in-the-entire-crisis.html

[4] Time Is Running Out In Cyprus: http://www.prisonplanet.com/time-is-running-out-in-cyprus.html

[5] New Cyprus Business Model: 20% Fee To Move Millions Offshore: http://www.prisonplanet.com/new-cyprus-business-model-20-fee-to-move-millions-offshore.html

[6] Mega-Rich Withdrew Money From Cyprus Before Looting: http://www.prisonplanet.com/mega-rich-withdrew-money-from-cyprus-before-looting.html

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