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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
Karen Alexandridis [Hidden email address] These are people's homes ... its disgraceful!
V Beamish [Hidden email address] Little wonder so many are leaving this Island
Jean Wright [Hidden email address]
Barry Meakin [Hidden email address] shame on Cyprus
Angela Smith [Hidden email address] Shameful. Bank preying on innocent victims
Kevin Kay [Hidden email address] Dick Turpin alive and well in Cyprus
Mark Smithers [Hidden email address] If the Givernment doesnt stop this now, overseas investors will quit
Margaret Tizard Hibbs [Hidden email address]
Marbeth Wilson [Hidden email address] Stop this madness now!!!
Reg Wilson [Hidden email address] Protect owners rights!
June Downs [Hidden email address] If this was allowed to happen it will be a terrible thing I feel.
Andyp Andypmcclay@hotmail.com Alpha and the others are to blame. Ordinary good Cypriots waken up
mike kowal kgalkow@aol.com The bank was reckless to give loans to these criminals.
V. James [Hidden email address]
Emmanuel Akiboye [Hidden email address] This damaging the international image of Cyprus...
Donna Napier [Hidden email address] Shocking that this has been allowed to happen in the first place!
Lance Hames [Hidden email address] Protect buyers now or your country will be liquidated by the EU.
Shelagh Williams [Hidden email address] Stop these Bully boy tactics now!
fiona Taylor [Hidden email address] Its time to protect the people who have not done anything wrong
Chris Styles [Hidden email address]
Andrew Harris [Hidden email address] Nομικές εγκληματίες!The buyers are innocent victims of a law gone bad.
derek [Hidden email address] good luck with the petition
Diane Lloyd-Roberts [Hidden email address] You said my home would be safe and secure - true? or all lies!!!
J Gibbs [Hidden email address] Please help against these crooks
Hani Chehaiber [Hidden email address] Banks Knew what they were in to and hid it from the buyers ,
Cindy Willshire [Hidden email address] Please don't let this happen
Derek Parker [Hidden email address] Disgusting that the Government let them get away with this.
M Houghton [Hidden email address]
William Blyth [Hidden email address] Others to pay for the banks own incompetence
R. J .bowler [Hidden email address] If this goes ahead what message will this sent to the outside world
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