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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Lawsuit against HSBC for illegal trading in the occupied area of Northern Cyprus

   
Lawsuit against British bank HSBC to facilitate illegal buying and selling real estate in the occupied area of Northern Cyprus filed in US courts of British buyers group.
According to a report in the Daily Telegraph, the applicants have invested their life savings in real estate for which they believed that receiving valid ownership titles issued by the TRNC.
 
Reproaching the HSBC to "illegal transfer of money for the sale of these properties, while knowing that the property titles of these are illegal and / or void because the 'TRNC' does not hold the power sovereign to issue or acquire property rights".
 
The British plaintiffs say the bank is involved in this way in a "fraud case with buying and selling real estate biblical proportions." They seek damages of $ 50 million. The lawsuit was filed in Washington.

- See more at: http://www.sigmalive.com/news/oikonomia/308674/agogi-kata-hsbc-gia-paranomes-agorapolisies-sta-katexomena#sthash.AuukE4B3.U63msHJX.dpuf