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‘Mass deletion of data’ on former BoC execs’ computers [Cyrus]
Cyprus Mail ^ | April 5, 2013 | George Psyllides

Posted on 04/06/2013 10:14:05 PM PDT by expat1000

DELETION of data allegedly took place on computers belonging to senior Bank of Cyprus (BoC) executives, according to the leaked findings of a probe into the circumstances that forced the island’s biggest lenders to seek state assistance.

Alvarez and Marsal, the firm tasked with investigating why Bank of Cyprus and Laiki sought state assistance, said the information provided by BoC was incomplete and data deleting software were found on the computers of two senior executives.

“Our computer forensic technologists have found that the computers of two employees, (former CEO) Mr. (Andreas) Eliades and (senior manager group treasury and private banking) Christakis Patsalides, have had wiping software loaded, which is not part of the standard software installations at the BoC,” A&M said. “Mass deletion of data appears to have been undertaken on the Patsalides computer on October 18, 2012. ” A&M’s findings were handed over to parliament on Wednesday.

The firm said some deletion had taken place after a data preservation notice was issued to BoC by the Central Bank of Cyprus (CBC) on August 21, 2012.

(Excerpt) Read more at cyprus-mail.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: banking; banks; cyprusbanks

1 posted on 04/06/2013 10:14:05 PM PDT by expat1000
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To: administrator

Should be Cyprus, not Cyrus in the headline.


2 posted on 04/06/2013 10:16:37 PM PDT by expat1000 (Sultan Knish: "Bigotry is no longer about what you do, but how other people feel about it.")
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To: blam

Ping.


3 posted on 04/06/2013 10:19:35 PM PDT by Jet Jaguar
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To: expat1000

Those bank records probably went to the same place a certain president’s immigration and passport and college and social security and selective service records went to.


4 posted on 04/06/2013 10:30:02 PM PDT by faithhopecharity (()
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To: expat1000

Deliberate theft is what this is.


5 posted on 04/06/2013 10:33:01 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Jonty30

Lets just say I wouldn’t want to be employed by a bank if they try it here.


6 posted on 04/06/2013 10:34:16 PM PDT by FreedomStar3028
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To: FreedomStar3028

If it happened here, the worst that would likely happen is that you’d get yelled at a lot and possibly sued.

In Cyprus, if you’ve crossed the wrong people, you might get sent into a shredder, and possibly your family as well.


7 posted on 04/06/2013 10:38:48 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: expat1000
It was deleted to cover the trail of money withdrawn for . Do you really think these didn't threaten peoples lives over this?
8 posted on 04/06/2013 11:19:21 PM PDT by Usagi_yo
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To: Usagi_yo

Definitely there is mass theft. The Russian mob does not fool around about stuff like this.


9 posted on 04/06/2013 11:31:29 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Usagi_yo

I believe the question will be....did the money actually get used to buy Greek bonds (as everyone has been told), or did a fair portion of it simply get transferred off to Argentina or Mexico City? I think this wiping event will trigger the investigation team to examine the people involved, and the IT personnel who installed the wiping software.

One scenario that I see is that the bankers told the Russians of these Greek bonds and they were safe....then they went into an entirely different direction...maybe investing it into Fisker or other fake solar energy companies.

As for the Russians? I think they will center in on these two individuals and put them on a wanted-list.


10 posted on 04/07/2013 12:23:53 AM PDT by pepsionice
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To: Jonty30; expat1000
In Cyprus, if you’ve crossed the wrong people, you might get sent into a shredder, and possibly your family as well.

Hmmm......something like this:

President and CBC chief receive death threats

“You have destroyed us following a very well prepared plan and you continue to destroy us showing indifference to what will become of us and our children and grandchildren.” It adds: “We warn you that whatever you do to us you will get it back to a much greater degree because we have nothing to lose from this point on.”

snip

"“We warn you and we’re not bluffing. We will start with your grandchildren, then go to your children and leave you last so you can hurt as much as we are.”"

11 posted on 04/07/2013 1:15:44 AM PDT by ScaniaBoy (Part of the Right Wing Research & Attack Machine)
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To: Jonty30

Theft? The money belonged to the Russians in the first place.
The Euro Bankers are the thieves.
The Russians would never let LaGarde and Merkel trap them.


12 posted on 04/07/2013 2:47:18 AM PDT by Palio di Siena
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To: Jonty30

Can you say Jon Corzine?


13 posted on 04/07/2013 7:13:58 AM PDT by sasquatch
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To: sasquatch

If the bank execs only had to worry about the legal authorities, you’d probably be correct.


14 posted on 04/07/2013 7:14:56 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: expat1000

HAHA, oh this is special. Just like records tampering in the US under Odumbo.


15 posted on 04/07/2013 11:29:09 AM PDT by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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