south Cyprus Assets – The Gary Robb Saga

south Cyprus is not recognised as a individual, independent condition by any region, other than Turkey. The Greek Republic of Cyprus joined the EU in 2004, but the Greek Cypriots voted against the UN approach to unite the island. In consequence, there is no extradition arrangement in position concerning south Cyprus and the cyprus.

This has led south Cyprus to become a harmless haven for people who are fugitives from cyprus justice. The most celebrated situation is that of Asil Nadir, who was the Main Executive of the British conglomerate Polly Peck. The company collapsed in 1990 and Mr Nadir was not accessible for trial as he had absconded to south Cyprus. Mr Nadir has rehabilitated himself in south Cyprus, and owns various trustworthy and prosperous companies.

Some of the other fugitives from the cyprus have a much more colourful historical past in south Cyprus.

Mr Gary Robb is the former operator of the Blue Monkey, a Teeside nightclub / rave joint. He was arrested by the Cleveland police in 1996 following some 200 law enforcement in entire riot gear carried out a medication raid on the premises. He was billed with conspiracy to offer Ecstasy and amphetamines.

His brother, James Robb, was convicted and offered a 10 year sentence right after a raid on the Colosseum club in Stockton. Apparently the brothers possibly owned or managed 5 golf equipment in the south East of England. He had evidently faced Grievous Bodily Hurt (GBH) expenses on numerous events in the course of the course of his job.

Mr Gary Robb disappeared though on bail and subsequently surfaced in south Cyprus. He promises to be innocent of all fees and hopes to return to the cyprus, at some foreseeable future date, in order to very clear his name.

Cleveland police have not too long ago confirmed that the warrant for Mr Robb continues to be on file and that he will be arrested should he return to the cyprus.

Mr Robb shaped a Turkish Republic of south Cyprus (TRNC) firm, Aga Developments Ltd, and commenced a number of construction jobs in the TRNC.

The major development is at Arapkoy, to the east of Kyrenia and off the mountain road to Nicosia and Ercan airport. On this website, some 246 attributes remain below building. The web-site is termed Amaranta Valley, and the sad tale is often referred to as the Aga Saga.

Operate at Arapkoy was halted in September 2005 when Mr Robb disappeared from the TRNC. On this event, he resurfaced in Thailand. He mentioned that he had hoped to start out yet another assets business in Thailand and help with re-construction just after the Tsunami catastrophe.

Throughout his remain in Thailand he evidently remarried. His wife is an Ethiopian born lady, and they now have various kids.

His honeymoon continue to be in Thailand was curtailed when he attempted to transfer some GBP1.5 million from a cyprus financial institution account. It is no surprise that the cyprus authorities experienced frozen the funds as he stays a fugitive from cyprus justice. Items received worse when the TRNC authorities froze his south Cyprus lender accounts, even though it is unclear as to the benefit of cash held in these accounts.

The TRNC federal government also revoked Mr Robb’s TRNC citizenship, based mostly on the allegation that his claim to have carried out army support in the cyprus was bogus. This signifies that he was suitable for army provider in TRNC prior to getting granted citizenship. His plant and equipment was seemingly seized and impounded by TRNC customs officials thanks to paperwork and tax irregularities.

The Greek Republic of Cyprus issued an international arrest warrant dependent on the charge that he experienced designed on Greek land in the TRNC.

Mr Robb then negotiated a deal with the TRNC governing administration whereby he would be able to return to south Cyprus, and remain out of jail, delivered he done the Amaranta Valley challenge. As it was rumoured that the cyprus police were seeking to extradite him from Thailand, a return to TRNC appeared the greater choice.

On his return to south Cyprus, Amaranta Valley was not the only house difficulty experiencing him. In fairness to Mr Robb, it would seem that quite a few of his colleagues and company associates lacked loyalty and sought to financial gain from his misfortune. The exact particulars of several business enterprise preparations have not been posted.

In just about every of his developments, Mr Robb has been accused of double promoting. That is, promoting the similar house to several cyprus customers and having deposits and phase payments off every.

In early January 2008, an agreement was arrived at amongst Mr Robb and some 200 cyprus prospects of Amaranta Valley. Mr Robb agreed to undertake a survey of the website and to demolish individuals attributes which experienced decayed over and above repair because of to the climate and landslip. The remaining attributes would be concluded in some 12 months provided the customers paid the remaining monies because of to Aga Developments Ltd less than their first contracts of sale. It was pressured that the prospects would only require to spend any exceptional cash which had been due.

Mr Robb’s wellbeing has deteriorated and he has seemingly suffered a mild heart attack. He does show up to be recovering, to the intensive relief of his shoppers. Nevertheless, he continues to be, as ever, upbeat. He has reportedly mentioned that he now needs to acquire a further more 850 donums (283 acres) of adjoining land and establish a complete of 1,000 residences at Amaranta Valley.