Former Deputy Attorney-General Loukis Loucaides Denies Financial Embezzlement Charges
Loukis Loucaides, former deputy attorney-general and European Court of Human Rights judge, has been indicted for allegedly withholding €177,000 meant for an estate administrator following the expropriation of a deceased woman's property in Limassol. Loucaides denies all wrongdoing, calling the charges a "malicious conspiracy." The case is set to be heard in Limassol criminal court on September 14.
The money in question was compensation paid by Limassol municipality after the expropriation of the woman's house to make way for a road. Loucaides, acting as the estate administrator's lawyer in 2008, negotiated a settlement with the municipality but claims he was unable to transfer the funds due to the former administrator becoming untraceable. He said that upon the appointment of a new administrator in 2025, he expressed willingness to hand over the money, but no direct communication was established before the police launched their investigation.
Loucides insists he has waited years to resolve the matter and has even offered to pay the amount in installments. He characterized the indictment as an attempt to damage his reputation and reaffirmed his innocence in public statements.
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