Prosecutors appeal to Ankara to take ex-TT chief back into custody

An Istanbul court on Monday released Angelos Filippidis, the former head of Hellenic Postbank (TT) who is wanted in Greece on charges of fraud and money laundering over millions of euros in allegedly unsecured loans issued by the former lender.

The move prompted Greek prosecutors to appeal to Ankara to take Filippidis back into custody.

The Turkish court rejected the first of two Greek requests for the extradition of Filippidis, who was arrested in Istanbul on January 10. He has been ordered not to leave Turkey as a second warrant for his arrest was issued by Greek prosecutors after new evidence in the TT probe came to light.