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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
Rene Lorenz [Hidden email address] make a demo ,go on the road!
Doug Macintyre [Hidden email address] Floodgates will open
Simon Edwards [Hidden email address] TITLE DEED
Malcolm Spiers [Hidden email address] It is time for the government to stand behind it's promises
richard cooper [Hidden email address]
m.castle [Hidden email address] Lying is endemic in this society
P L Roberts [Hidden email address]
wendy mcgarry [Hidden email address]
Ken Clarke [Hidden email address] Is this really happening in the EU?
Janice McCallum [Hidden email address] Paragraph 4 of the Petition says it all !
Danny Rodden [Hidden email address]
Barrie hardy [Hidden email address] Do No Buy In Cyprus ! Unfair systems.
Carol Willey [Hidden email address]
Michael Fitzgerald [Hidden email address]
Susan Blyth [Hidden email address] Thieves get away with it when honest people due to suffer
ann byrne [Hidden email address] please do the just thing and sort this
Edwards Marianna [Hidden email address] do the right thing
Jim Freer [Hidden email address] There is no contract between the house owner and the bank
John Hudson [Hidden email address] Once more. Head in the sand attitude. Disgraceful
Harry O\'Neill [Hidden email address] A country in denial
Keith Tyrrell [Hidden email address] The EU should lean on Cyprus .
Matthew Ring [Hidden email address] Don't let Cyprus become a by-word for corruption and incompetence
Steven Firth [Hidden email address] Liasides told many lies, the bank knew their difficulties
Keith Allen [Hidden email address] This whole procedure should be "against the law"
Geoffrey Dixon [Hidden email address] No one will ever by in Cyprus again.
barry bailey [Hidden email address]
Mo Bowhay [Hidden email address] Bank Account Closed.
Peter Montgomery [Hidden email address] Take your deposits out of Alpha Bank - Stop banking with them period!
Linda Stephens [Hidden email address] There but for the grace of god go you or I
John Stephens [Hidden email address] Disgusting
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