Monday September 1, 2014 Search
Weather | Athens
29o C
23o 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)  
Hardouvelis optimistic ahead of Paris meeting
Erdogan visits Turkish-occupied Cyprus
Laid-off cleaners to protest outside police headquarters
Protesters interrupt blessing ceremony at University of Athens
Greek PM vows to bring down unemployment
Greek Prime Minister Antonis Samaras has vowed to bring down unemployment while voicing optimism that some 770,000 new jobs will be created by 2020. “Unemployment is society's most insidious...
Greek economy shrinks at slowest pace since late 2008
Greece's economy shrank a revised 0.3 percent in the second quarter from a year earlier, contracting at its slowest pace since late 2008, data showed on Monday. The gross domestic product re...
Inside Business
SOCCER
Fulham striker Mitroglou set to re-join Olympiakos
Greek champions Olympiakos Piraeus are set to re-sign Kostas Mitroglou on loan from English second tier club Fulham after the striker arrived in Athens for talks on Sunday. An Olympiakos spo...
SOCCER
Tough draw for Greek sides in Europa League group stage
Following Thursday night’s high, when all three Greek teams competing in the Europa League made it into the group stage of the competition, a harsh reality struck Friday as they found out wh...
Inside Sports
ANALYSIS
EU’s three big problems all linked
The outgoing president of the European Council, Herman Van Rompuy, said at the weekend that his successor, Donald Tusk, currently Poland’s prime minister, faces three big challenges: the sta...
COMMENTARY
A great president
I fully understand the country’s need for political stability, a necessity which makes the election of a president by the current Parliament absolutely imperative. At the same time, however,...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek PM vows to bring down unemployment
2. Hardouvelis optimistic ahead of Paris meeting
3. Erdogan visits Turkish-occupied Cyprus
4. Greek economy shrinks at slowest pace since late 2008
5. Laid-off cleaners to protest outside police headquarters
6. Protesters interrupt blessing ceremony at University of Athens
more news
Today
This Week
1. Excavation work at Amphipolis reveals section of marble mosaic floor
2. A great president
3. Don’t feed the zombies
4. Greek officials meet to fine tune strategy for Paris talks with troika
5. Deputy Education Minister Koukodimos resigns
6. Greek economy shrinks at slowest pace since late 2008
Today
This Week
1. Attack on gay couple in Athens leaves one man needing surgery
2. The battle against progress
3. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
4. Strong undersea quake occurs off island of Milos, felt in Athens
5. Greek quest for debt relief faces hurdles in Paris
6. Hardouvelis, ECB executive discuss bank program, stress tests
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.