Some Land Registry employees believe they represent Saint Peter on earth said Auditor General Odysseas Michaelides at a meeting of the House ethics committee, deciding who will go to Heaven or Hell when it comes to property issues.
Developers who didn't follow the rules are giving the banks headaches as a number of repossessed properties and homes without Title Deeds are now re-entering the property market.
The situation in the Limassol Land Registry is chaotic with complaints of dodgy practices, bogus claims for travel expenses and overtime pay, co-workers covering for each other, etc.
The title deeds process is being delayed by the local authorities who need to decide what type of certificate to grant to properties depending on their condition; a final certificate of approval, a certificate with remarks, or one with a prohibition.
Although Swiss Franc loans declined €274 million in the first half of the year, 80 per cent of the remaining €1,778 million are non-performing according to the head of the Cyprus Central Bank's Supervision Division.
