THE Cypriot president has pledged that not even his own family will be immune from a commission of inquiry into allegations of wrongdoing in the run-up to a crippling eurozone bailout.
President Nicos Anastasiades was responding to allegations that family members of leading politicians had taken advantage of privileged information to protect their assets from a hit on bank deposits imposed by European Union-led creditors last month.
Anastasiades said the panel, which is to start its work on Tuesday, would have explicit terms of reference to exclude nobody from their investigations, even his own extended family.
"I want to emphasise that during tomorrow's swearing in ceremony for the three distinguished judges, they be given a mandate to investigate everything that is possibly related to me, including those relatives linked to me by marriage," he said.
Allegations have swirled of big movements of cash out of both banks in the run-up to the bailout agreement as those in the know scrambled to protect their money.
The panel, which has three months to report its findings, will also probe a list published by Greek media of Cypriot politicians who allegedly had loans forgiven during the meltdown, Justice Minister Ionas Nicolaou said last week.
BoC, Laiki and third largest lender Hellenic Bank reportedly forgave millions of euros in loans over the past five years to lawmakers, companies and local authorities, newspapers in Greece have alleged.
Cypriot banks have been operating with stringent capital controls since they reopened on Thursday, after a near two-week lockdown prompted by fears of a run on deposits.
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