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Laiki Depositors organisation Sy.ka.la. General assembly 27/04/2013 www.sykala.org. Subjects. Purpose , organisation, participation Contact with politicians Legal procedures Financial suggestions Confirmation of procedures and Committee Future actions. Aims.

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laiki depositors organisation sy ka la

Laiki Depositors organisation Sy.ka.la

General assembly

27/04/2013

www.sykala.org

subjects
Subjects
  • Purpose, organisation, participation
  • Contact with politicians
  • Legal procedures
  • Financial suggestions
  • Confirmation of procedures and Committee
  • Future actions
slide3
Aims
  • Reacquisition of property/Deposits
  • Creation of financial proposal and negotiation for counterbalancing measures .
advantages of the organisation
Advantages of the organisation
  • More people together, more power
  • Economies of scale (less cost for each depositor)
  • Securing a better and more productive legal representation both inside and outside Cyprus
  • Securing the best advisors (economic studies, involvement with the investigation committee, liquidator….)
registration of the organisation
Registration of the organisation
  • Registration of the Organisation as a company of limited liability
  • Transformation to a non-profit organisation
  • ORGANISATION OF LAIKI DEPOSITORS
structure
Structure
  • Structure of the organisation
  • Political committee
  • Legal committee
  • Leadership committee
  • Committee f Financial Suggestions
  • Committee for communicating with al members and General assemblies
  • Committee of accumulating information and proofs
  • Committee for educating the public
  • Secretary
  • Financial Committee
the board
The board
  • MyriaMErkouri
  • TheodorosKyprianides
  • AndonisNeophytou
  • AndonisVasiliou
  • VanavasVarnava
  • AlexndrosMichaelides
  • Andreas Girkallis
  • NeophytosTaliotis
  • Zaharias Palexas
  • Adonis Papaconstantinou
procedures
Procedures
  • Creation of an organisation
  • Data base of 1500 members (in 6 countries)
  • Setting of an internet site and appearance in social networks
  • Appearance in all TV and radio channels and any written network
  • Discussions in two foreign financial magazines
  • Meetings with all members of the parliament
  • Organised meetings with the ministry of Finance, the President of the republic and the president of Central Bank
  • Co operation with the best legal minds of the country
  • Contact with scientists in the said fields
gratitude
GRATITUDE
  • In less than 3 weeks a very efficient machine has been set
  • Everything was done entirely with humbleness and family support
  • WE THANK THE MEMBERS OF THE COMMITTEE AND THEIR FAMILIES
specialists that support the committee
Specialists that support the Committee
  • LEGAL ADVISORS
  • Markides , Markides and Co
  • Aggelides , Ioannides, Leonidou LLC
  • Scordis, Papapetrou and Co LLC
  • Velaris and Velaris LLC
  • Co ordinations with other legal offices for following common legal strategy
financial advisors
Financial Advisors
  • Zaharias Palexas – Finance
  • Michael Ioannides – Banking
  • Accounting Offices

Special Advisor

Andreas Eleftheriades

participation
Participation
  • Additional Volunteers
  • Special help in committees to fulfill specific work
strategic pillars
Strategic Pillars
  • Legal Pillar
  • Political Pillar
  • Educating People
  • Financial proposal\ alternative measures
  • Investigation of Funds interest in buying deposits
  • Counterbalancing measures
legal procedure
Legal procedure
  • Exhaustion of all legal measures within the country
  • Personal and company appeal To the Republic, law suits and submission procedures
  • Collective appeal to the European Courts
  • Possible sources of compensation
involvement of political parties and meetings with them
Involvement of political parties and meetings with them

All political parties

  • Ministry of Finance
  • Commander of Central Ban
  • President of the Republic
  • Politically colorless organization
involvement of political parties and meetings with them1
Involvement of political parties and meetings with them
  • All political parties demonstrated political intention to support
  • Good intention to listen and support the proposals of SYKALA
  • Recognition of the extreme injustice against Laiki’s Depositors
  • Good intentions to withdraw the unjust victimization
political involvement 4 directions and 4 gears
Political involvement4 directions and 4 Gears
  • Foreign depositors
  • Cyprus Depositors ( apart of Laiki s and Cyprus Bank)
  • Cyprus Bank Depositors
  • Laiki Depositors ( Domino effect)
  • VICTIMISATION OF FINANCIALLY ORGANISED INDIVIDUALS AND COMPANIES
future actions
Future actions
  • Legal procedures
  • Well researched financial proposal wit the support of the members of the parliament and the political parties
  • Involvement and validation from the Cyprus Republic of the organization’s financial proposals
  • Possible discussion/negotiation with Troika
legal procedure1
Legal Procedure
  • Explanations from the legal advisors, completion of details/telephone support
  • Investigation Committee ( presentation of SYKALA- through legal advisors)
  • The procedure to be followed will depend partly from High court decisions
  • QUESTIONS/CLARIFICATIONS
procedural
PROCEDURAL
  • Yearly fee of €50
  • Strategy validation and committee’s actions
  • Validation of temporary administration committee and change to administration committee