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Old 20th Dec 2009, 14:05
  #251 (permalink)  
BOAC
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Returning to Allbury for a moment, they and Libra are/were associated and I believe Libra got involved with Helios? Was there not some story of Cypriot involvement in the 'rescue' of GS? Was there any Cypriot involvement in E-Clear? Are we into a 'circles within circles' story?

EDIT: Just done a spot of not-to-difficult Googling and yes, it is all spinning nicely. Put together from various sources:

Elias Elia, CEO of E-Clear, is connected with Cyprus. Halcyon Investments (Cypriot) with whom GS were 'in discussion' (via a C Islands office) on re-financing has Elia as its major 'investor'. Anyone smell anything?


I'll go on while I have the floor: Allbury Travel is a subsidiary of Allbury (registered in the Virgin Islands) who's 'controlling interest' is reported to be - wait for it - Elias Elia.

An item in '
Scotland on Sunday' says that E-Clear has "been involved in travel trade collapses before". It is reported to have brought down SkyEurope, XL and Zoom (as reported on PPRUNE somewhere). A 'failed' rescue deal for XL Leisure was led by - go on, have a guess......................

Makes you wonder, does it not?


Now for a bit of spicing up, courtesy of 'Scotland on Sunday' - Osama Bin Laden used Greek Cyprus "as a transit point of exports in order to finance his terrorist activities. He has bank accounts in Nicosia in order to finance several terrorist activities."

Ooh! More to fall out yet?

So many poor folk losing jobs because of all this. My heart goes out to you all.

EDIT 2: Better and better! Viking has offices in Greece - Athens and Heraklion and rose from the 'ashes' of 'Kiss' which rose from the ashes of ..............................XL: and uses some of their management and aircraft reportedly. Viking now has a managing director of Cyprus-specialist Sunvil Holidays as a chairman (non-exec).

Also an Icelandic franchise of Phil Wyatt’s venture, BlacK Pearl Investments, hasa 50% stake in Viking. Murky waters.

There is a previous thread here about Viking. looking now to see where Elia fits into Viking..........................

One would hope that TD had looked into the murky waters at some point earlier?

Last edited by BOAC; 20th Dec 2009 at 14:49.
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