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AKEL Calls for Clarification on Alleged Teleconference Involving President

Published January 12, 2026, 12:13
AKEL Calls for Clarification on Alleged Teleconference Involving President

AKEL is calling on President Christodoulides to either confirm or deny a report in the 'Politis' newspaper regarding a teleconference between former Finance Minister Constantinos Lakotrypis, Central Bank Governor Panagiotis Charalambous, and an 'investor'. AKEL argues that this report contradicts the government's previous assurances of non-involvement in Lakotrypis' activities. The opposition party also criticizes the delayed resignations of officials linked to the issue, deeming their justifications unreliable and alleging that the President was aware of and participated in a network of collusion. AKEL criticizes the secrecy surrounding the donors of the 'Fund' and insists that the government has not demonstrated a genuine willingness to investigate and hold those responsible accountable, as the President's interests appear directly connected to the matter. The party also raises questions about the role of the Attorney General, the Police, and the Anti-Corruption Authority, accusing them of inaction. In its statement, AKEL emphasizes that President Christodoulides' stance contradicts his pre-election commitments to transparency and that, instead of protecting the country, he is undermining it. The party calls on the relevant authorities to take action and reveal the truth about the relationships between political figures and business interests. The AKEL General Secretary has sent letters to the heads of the institutions, highlighting the criticality of the situation and the need for an independent and thorough investigation. AKEL states that society is closely monitoring developments and that trust in the institutions is at stake.