LAST SATURDAY, an explosion occurred at the offices of Famagusta Developers in Protaras. This is the second time that the company has been targeted by bombers in less than five months.
On Monday, a 50-year-old man from Limassol was issued a five-day remand by the Famagusta District Court in connection with the explosion. His 25-year-old son was released due to lack of evidence.
The pair allegedly agreed to sell to the director of the company two flats in Larnaca for €220,000 and received a deposit of €30,000. The director then decided to annul the agreement and asked for the deposit back, the court heard. The court heard that the father and son had insisted on full payment.
Both father and son deny any involvement with the bombing.
In November last year, an explosion shattered the company’s front window and caused minor damage to the entrance of the building. The total cost of the damage was estimated to be in the region of €1,000.
Last August, the Cyprus police announced that the company was under investigation in connection with eight complaints filed against it since 2007 – seven in Famagusta and one in Larnaca. The cases mainly concerned alleged forgery, obtaining money and property under false pretences and usurping property belonging to another person.
In one of the cases investigated by police, the developer allegedly sold the same flat twice and when was asked to return the money to one of the buyers he issued him a dud cheque twice.