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AKEL Responds: President's Statements 'Grandiose' - Unanswered Questions Remain

Published January 13, 2026, 14:16
AKEL Responds: President's Statements 'Grandiose' - Unanswered Questions Remain

AKEL is strongly responding to the case of illegal funding, criticizing the President for his statements, which it describes as 'grandiose' but without answers to the questions raised. The party points out that the words of Nikos Christodoulides' associates raise serious concerns about possible collusion and the operation of an illegal funding mechanism within the Presidential Palace. Particular reference is made to a report in the Politis newspaper regarding a teleconference between Lakotrypi, Charalambous and an 'investor', which, according to AKEL, the Presidential Office is avoiding to deny. AKEL argues that if the report is true, then the claim that the government had no connection to Lakotrypi's activities is refuted. AKEL calls on the competent institutions to thoroughly investigate the case and the President to give honest answers to the people, emphasizing the serious political, institutional and criminal implications of the revelations, as well as the damage caused to the reputation of the Republic of Cyprus. The party demands that the President admit the facts and take responsibility, while pointing out that the case once again humiliates the state internationally.