The appeal court has unanimously rejected the attorney-general’s appeal against the acquittal of ten defendants in the high-profile cooperative bank case, it was reported on Wednesday.
The ruling confirms the Nicosia criminal court’s December 16, 2021, decision to clear all accused of wrongdoing.
The case, which involved seven individuals and three legal entities, centred on allegations of conspiracy to defraud, forgery, abuse of power and money laundering. Prosecutors claimed the
