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Police arrests Lyk. Kyprianou

15/10/2002 13:42
The Financial Crime Department of the Police Force arrested the president of the listed company Global Consolidator (ex Globalsoft), Lycourgos Kyprianou a short while ago. According to the first reports, Mr. Kyprianou was arrested in order to facilitate investigations in relation reported violations of CSE and SEC regulations.

Note that against Mr. Kyprianou and his partner Mr. Rois Poyiagis there is also pending charges from the SEC of the United States in relation to Aremisoft, the New York listed company controlled by Mr. Kyprianou.