Court convicts former theatre director in €234,550 embezzlement case. Photo credit: Unsplash
Newsroom
The former director of the Pattichio Municipal Theatre, Vasso Argyriadis, was found guilty by the Permanent Criminal Court of Limassol on charges of embezzling funds from the theatre’s treasury and laundering proceeds from illegal activities.
Argyriadis has been taken into custody and will remain at the Central Prisons until June 27, when a hearing for sentence mitigation is scheduled.
The case was initially reported to police on December 30, 2021, by former Limassol Mayor Nikos Nikolaidis. An independent audit uncovered a deficit of €234,550 covering the years 2017 through 2020.
