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Clarifications with reference to Alvarez & Marsal’s report

Friday, 5 April 2013

With respect to reports mentioning that Alvarez & Marsal did not investigate Laiki Bank in depth, the Central Bank of Cyprus wishes to clarify, as is clearly stated in Alvarez & Marsal’s report, that the investigation will continue and cover: the purchase of Greek government bonds by Laiki Bank; the expansion of Laiki Bank outside Cyprus; the role and responsibilities of all parties involved.