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Stop The Alpha Bank's Application To Auction
Petition Created On: 05 Dec, 2011
Petition Created By: PICAS GROUP
We the undersigned demand that the Ministry of the Interior and the Land Registry in Cyprus act decisively and intervene by rejecting any and all the applications made by the Alpha Bank to auction eight plots of land that were mortgaged to property developer Yiannis Liasides against which contracts of sale to purchase immovable property have been lodged.

Many people who bought from this developer in particular and in Cyprus in general did so with the utmost good faith. They were reassured by the Ministry of the Interior that once a contract of sale is lodged with the Land Registry for Specific Performance then the buyer is protected.

In his statement of the 22nd July 2009, Interior Minister Neoclis Sylikiotis wrote "Nobody and no Authority anywhere can ever challenge the property rights or the ownership status of buyers of immovable property within the territory which is under the control of the ROC." And that "the property market in Cyprus is stable and secure, and property buyers must be absolutely certain that their investments are safe here; indeed, property investment is much safer in Cyprus than anywhere else".

We ask that a clear and unequivocal message is sent to the banks in Cyprus that buyers must not pay the price for the failure of developers, negligence of Advocates, lax oversight by the banks and the inability of successive governments to legislate against this.

Failure to send such a message will result in a complete breakdown of trust and confidence in both the Cyprus property market and also in the assurances made by the Minister of the Interior on behalf of the Cyprus Government.

Please Sign This Petition!


Total Signatures: 1182 Bookmark and Share   
Name Email Comments
Marilyn and Steve Wilkinson [Hidden email address] This is unbelievable in an EU country
John Rawlinson (johnerebus) [Hidden email address] Protect those who've paid their money
Richard Wilden [Hidden email address] The World Is Watching
moses coffey [Hidden email address]
Alex Quinn [Hidden email address] Alpha Bank are the real crooks here !!
DAVID ALLEN [Hidden email address]
samantha hogben [Hidden email address] Sickening
Hayley Nolan [Hidden email address]
Raymond wilson [Hidden email address]
Susan Wilson [Hidden email address]
paul cooke [Hidden email address] Cyprus property market will collapse further.No confidence
l.d kirk [Hidden email address] Corrupt lawyers and banks are killing this island
L Smith [Hidden email address]
P. Panicos [Hidden email address] There are a lot to be done before!!
Jennifer Lord [Hidden email address] shameful on the part of those involved
Raymond Christofides [Hidden email address] Please do the right thing. It\'s the developers you need to penalise
nicki holland [Hidden email address] potential property buyers in Cyprus will go elsewhere
S Brown [Hidden email address] The Banks need to be fair to the buyers of these properties in Cyprus
Ruth Wright [Hidden email address] Justice needs to be done!
Alex Surtees [Hidden email address] Cyprus is rotten to the core, we are losers from this developer
alan hodge [Hidden email address] hope you get the right decision
Roy DeLarge [Hidden email address] Alpha are not the only ones who use corrupt lawyers to swindle British
D.Wright [Hidden email address] Disgraceful
Robin Drinkwater [Hidden email address] State sponsored theft if this goes ahead.
Verena D. [Hidden email address]
obieramkar [Hidden email address]
Janet Adams [Hidden email address] you can't take in the good times and take again in the bad ones! be f
Mary Berry [Hidden email address] No wonder the country is getting in such a mess.
Julie Bayley [Hidden email address] Another disgrace. What confidence does this give any other UK buyer?
Adrian Wright [Hidden email address] Alpha Bank were negligent.Idont think they should look after my money!
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