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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
Mrs Dinah Kibby [Hidden email address] If the Cyprus government fails to protect this land, it will lose face
Louise Hardy [Hidden email address] The BBC programme was correct, -Property Scam. Disgusting !!!
Graham Hooper [Hidden email address] Shame on you bank and Cyprus for allowing this all to happen
Alan West [Hidden email address]
michael pollard [Hidden email address] how can professional people get away with this conduct.
Calum Blair [Hidden email address] Punish the wrongdoer, not the innocent....
Stephen Luscombe [Hidden email address] yprus should be thrown out of the EU for good.
Julie Robinson [Hidden email address] This could well be me! Buying in Cyprus - biggest mistake EVER!
Simon Taylor [Hidden email address] Money grabbing banks!
Kúrt Henderson [Hidden email address] Why does this not surprise me?!! Shameful.
sandra nicholson [Hidden email address] This is criminal, homeowners should not be penalised for this man.
Ian Knowles [Hidden email address] Respect the trust that foreign buyers have placed in you
Keith Bryan [Hidden email address] the banks are to blame
Jane Tonks [Hidden email address] This is a disgrace!
Michael Osborn [Hidden email address] Banks cannot hold a charge on assets it doesnt own.
Elaine Leech [Hidden email address] totally unfair and immoral
Aidan Dwyer [Hidden email address]
Mandy Gange [Hidden email address]
Jan Sawyer [Hidden email address] Not acceptable
Nigel Parker [Hidden email address] this cannot be legal within the EU
Graham Sawyer [Hidden email address] Where are the people's rights here??
Anne Parker [Hidden email address] If this goes ahead this will kill the markh iet completly & Cyprus wit
Stephen Barker [Hidden email address]
Michelle Auer [Hidden email address] Where are you Interior Minister, your silence is deafening
Molly Chilton [Hidden email address] Disgusting and Outrageous
John Hale [Hidden email address] Outrageous and untrustworthy
s wardle [Hidden email address] theft .,
marion perrin [Hidden email address]
tom perrin [Hidden email address]
Katerina Yiasoumi [Hidden email address] Absolutely disgusting and ashamed sometimes to say I'm Cypriot!
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