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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
John Nicholls [Hidden email address] Cyprus must keep developers under control if they ever want to bring c
Roger Gould [Hidden email address]
Graeme McDonald [Hidden email address] Property rights are the basis of any stable society
John Maginnis [Hidden email address] Has Mr Sylikiotis got any conscience? We’ll know soon.
Athena Morphi [Hidden email address] \\\'\\\'STAMATHSTE PRIN NA EINAI ARGA YIA OLOUS MAS\\\'\
Robert Ferguson [Hidden email address] This needs to stop
Ronald Pickersgill [Hidden email address] corruption in both North & South
Dean Smith [Hidden email address] Developers, Banks and Lawyers in Cyprus. All a bunch of crooks!
Linda Crossley [Hidden email address] This is between the bank and developer and buyers will be watching!!
Joseph Hunnam [Hidden email address] Are the banks -The Mafia
Amarjit Singh [Hidden email address] Would make a banana state look good in comparison
Sue MacLaughlin [Hidden email address] Shame on the Cypriot Government for allowing this to happem
Danny Stevens [Hidden email address] sort it!!! & the rest of the disgusting mess of the property situation
Giles Hall [Hidden email address] This is so morally corrupt - it would end all investment in Cyprus
D & L WIlders [Hidden email address] Disgraceful, make the developer lose his property, not his victims!
john wade [Hidden email address]
Edward Smyth [Hidden email address] Vital that this process is stopped in its tracks.
Wiliam David Williams [Hidden email address] is this legal?
Jack Cooper [Hidden email address]
Mark Colley [Hidden email address] A disaster, The Government need to step up and fix these issues
Pam Hogarth [Hidden email address] Watching from the UK!
Jeff Harman [Hidden email address] It's the corrupt/ inept solicitors who should be made to pay for this
Julie Coxon [Hidden email address] The actions of Alpha Bank show that nobody is safe buying property in
Petra Steinle [Hidden email address]
Rosalie Gould [Hidden email address] About time the Cyprus Government got to grips with this awfull situati
Frederick Dallas [Hidden email address] Stop this action. You are as guilty as the developers if you don't.
Alan Norman [Hidden email address] It\'s time for this Government to act
Lesley Colley [Hidden email address] A disgraceful state of affairs - Alpha Bank
j owens [Hidden email address] This is a disgrace not waht it says on the tin
Jennifer Dallas [Hidden email address] Stop this action! if you goahead with the auction you will be worse th
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