NEWS

Yiannis Alafouzos ‘welcomes’ probe into financial activities

TAGS: Media

Businessman Yiannis Alafouzos said Wednesday that he “welcomed” a probe by authorities into his financial activities, after a prosecutor ordered the freezing of his assets.

In a statement, the president of Panathinaikos football club and chairman of the Skai media group said the probe follows repeated attacks against his business interests emanating from “known centers” but said he will cooperate.

Earlier Wednesday, a financial crimes prosecutor, investigating alleged “irregularities” in his accounts, ordered the assets freeze.

Alafouzos said he has repeatedly insisted that all his income is derived from shipping activities abroad.

“The only activities I have in Greece are the investments I’ve made in the media for 26 years and continue to do so today, and my participation in the last four years in Panathinaikos,” he said in his statement, hinting that the timing of the probe, just before the private TV license tender, was suspect.

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