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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
bob davies [Hidden email address] shame on you alpha bank
Sandra Pashias [Hidden email address] Disgraceful
Dell Thompson [Hidden email address] The government of Cyprus needs to resolve this situation now!
Lenor Thompson [Hidden email address] An absolute disgrace.
angela kelly [Hidden email address] This will put even more people off buying property
Gordon Woolgar [Hidden email address]
Ann Owens [Hidden email address] Alpha customers should close their accounts in protest!
Steve Jackson [Hidden email address] Please stop this immoral act now
John and Brenda Goodall [Hidden email address] a thieves charter!for bank and developers
J Hughes [Hidden email address] a shameful act
Colin Pratt [Hidden email address] Get signing people, this could happen to us all
Dennis Gates [Hidden email address] Disgusting
Marion Mitchell [Hidden email address] Utter Disgrace
Alan Meredith [Hidden email address] Cyprus has 2 choices!
Peter Roy [Hidden email address] This situation is shameful and wrong on so many levels
Georgina Meredith [Hidden email address] Scandalous!
Vic Roberts [Hidden email address] Reject Alpha Bank's auction application.
Lynn Thompson [Hidden email address] A total disgrace - unbelievable that this is allowed to happen
Sue Moran [Hidden email address] The government must stick to it's word
Tony Slade [Hidden email address] This does Cyprus no credit whatsoever.
Michael Strand [Hidden email address] Allow this & the property situation in Cyprus will be far worse
Andy Smith [Hidden email address] This is an isue between the bank & developer not the "Owner" !!!!!
Malcolm Lees [Hidden email address] I am very happy to support all people in Cyprus who are being treated
Anne Lees [Hidden email address] disgraceful
jahelmanis [Hidden email address] EVERY housebuyer should sign this petition!
D Taylor [Hidden email address] The rest of the world is watching this space
Maggie White [Hidden email address] Dreadful situation
Martin welsh [Hidden email address] Buyers not responsible for banks poor lending criteria
Robert lane [Hidden email address] This is a corrupt self serving society
Brian Threlfall [Hidden email address] Zero Integrity
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