Tuesday September 23, 2014 Search
Weather | Athens
31o C
22o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Ex-Hellenic Postbank chief Filippidis faces magistrates in unsecured loans probe

The former head of Hellenic Postbank, Angelos Filippidis, arrived at court in Athens on Monday morning to give his deposition as part of the investigation into claims the lender issues unsecured loans during his time in charge.

Filippidis was expected to submit a 300-page written deposition and face questioning from magistrates at the Evelpidon court complex.

A total of 25 people have been charged with fraud and money laundering in connection with the scandal miring TT, which issued half a billion euros in suspicious loans between 2007 and 2012, according to a prosecutor’s report.

The bulk of this – some 300 million euros in loans – was issued between the fall of 2008 and fall 2009, when Filippidis was at the lender’s helm, according to Bank of Greece inspectors.

According to a BoG report, TT issued loans without guarantees and with favorable terms to several companies, some overindebted ones, with much of the money ending up in the personal bank accounts of some of the business owners who benefited.

Filippidis denies any wrongdoing and told journalists as he went into the court building on Monday that he would “fight” for banks to retain the right to issue loans as they see fit. “Otherwise, prosecutors will have to approve loans in the future,” he is reported to have said.

ekathimerini.com , Monday February 10, 2014 (10:46)  
Jailed GD MP shown teaching kids how to give the Nazi salute [Video]
Defendants handed prison terms over Antipnoia stabbings
Samaras to meet Merkel in Berlin for pivotal talks
Commission report highlights Erasmus student exchange benefits
Programs target return of 21,000 jobless to work
Greece’s Manpower Organization (OAED) will activate two new employment subsidy programs for the private sector in the next few days, offering jobs to 21,620 unemployed individuals. The first...
Employment in commerce keeps sliding
Employment in commerce is continuing to drop, according to data presented on Monday by Vassilis Korkidis, the head of the renamed Hellenic Confederation of Commerce and Entrepreneurship (ESE...
Inside Business
SOCCER
PAOK joins Olympiakos on top after win at Agrinio
Olympiakos spent just two nights alone on top of the Super League, as on Monday evening PAOK joined the champions on 10 points through its 1-0 victory at Panetolikos. The Thessaloniki giant ...
SOCCER
Reds beat Veria to claim league lead
Olympiakos thumped hitherto Super League leader Veria 3-0 on Saturday to go alone on top of the table for the first time after four rounds of games. Four days after putting three past Atleti...
Inside Sports
COMMENTARY
So near and yet so far
Here we are again, so near and yet so far from the coast, in a balancing act of fear between disaster and blurred normality, yet with serious prospects of recovery. Our partners and creditor...
EDITORIAL
Transfer withdrawal
There appear to be significant changes afoot at Greek universities. Academics interested in managing educational institutions – as opposed to exchanging favors with unionists and party folk ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Jailed GD MP shown teaching kids how to give the Nazi salute [Video]
2. Defendants handed prison terms over Antipnoia stabbings
3. Samaras to meet Merkel in Berlin for pivotal talks
4. Commission report highlights Erasmus student exchange benefits
5. PAOK joins Olympiakos on top after win at Agrinio
6. Programs target return of 21,000 jobless to work
more news
Today
This Week
1. Alexander the Great's tomb not at Amphipolis, says Culture Minister
2. Venizelos denies jihadis are being trained in Greece
3. Euro touches 14-month low before Draghi testimony
4. Draghi effect subsiding leaves pressure building on ECB chief
5. Civil servants' union calls new strike over evaluation
6. Investors snap up euro zone banks, exporters in ECB bet
Today
This Week
1. Greece at bottom of social justice scale among EU28
2. ‘Greece can meet its needs on its own’
3. Central Athens traffic restrictions back in force on Monday
4. Lost in the fog
5. Record sum of new debts to the state in August
6. Democracy under Pressure | Live Streaming
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.