Prochoice breaks off deal with Acropolis

The Board of Directors of A.L. Pro Choice Group Pcl (PROP) decided to withdraw its interest in cooperating with Acropolis AXEPEY after the company became the subject of an investigation ordered by the Greek Capital Markets Commission.

The withdrawal of its interest is not expected to affect PROP’s results. The Group is currently examining the possibility of cooperating with other KEPEY and AXEPEY, while it has already appointed an audit firm for the submission of an application for a KEPEY license.

The Greek based Acropolis meanwhile has hotly denied and challenged the allegations of front-running Greek bonds at a 12% mark-up through its Cyprus registered international company with a limited financial license secured from the Central Bank of Cyprus.