Saturday December 20, 2014 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Prosecutor proposes conditional release, with 100-million-euro bail, for Lavrentiadis

A prosecutor on Thursday proposed that Lavrentis Lavrentiadis, the former major stakeholder in Proton Bank who is in custody pending trial for embezzlement, post a record 100 million euros in bail to secure his release from prison before the scheduled expiry of the 18-month maximum detention period in June.

In his proposal to the Council of Appeals Court Judges, appeals court prosecutor Panayiotis Kapsimalis said the 100 million euros, which he insisted Lavrentiadis possesses, should be paid in addition to the 160 million euros in assets belonging to the businessman that have already been seized.

The council is expected to decide in the coming days on whether to approve Kapsimalis’s proposal for the 100-million-euro bail, which would be the biggest in Greek judicial history and in the world.

The highest bail to date in Greece was the 5 million euros paid last month by businessman Dimitris Kontominas to secure his release pending trial in connection with the Hellenic PostBank (TT) unsecured loans scandal in which Lavrentiadis is also implicated.

According to sources, the prosecutor Kapsimalis proposed that 29 of the 47 suspects who face criminal charges in connection with the Proton Bank embezzlement scandal should be indicted to trial along with Lavrentiadis. Of the 29, the prosecutor said that four individuals should post 200,000 euros in bail each.

Lavrentiadis, 43, has been in Attica’s Korydallos Prison since December 2012. For most of that time, he has been in the prison’s hospital and has made several unsuccessful appeals for his release, citing serious dermatological and psychological ailments.

ekathimerini.com , Thursday February 13, 2014 (21:00)  
Environment Ministry to reconsider controversial bill
Corfu to host country’s first hydroplane strip
Political upheaval sharpens after bribe claims with threats and insinuations
Police gets new communications system
Workers rush to get early retirement
Nine out of 10 workers who retired in the last four months who had belonged to the former special funds of banks and state corporations that have now been incorporated in the Social Security...
Piraeus Containter Terminal goes from strength to strength
Piraeus Container Terminal, the local subsidiary of Chinese giant Cosco Pacific, is expected to handle a total of over 3 million containers in the January-December period of this year. The J...
Inside Business
BASKETBALL
Explosive Barca unfazed by Panathinaikos, bomb scare
Panathinaikos lost 80-67 at home to Barcelona on Friday in a rather meaningless game at the end of the first group stage of the Euroleague, but the encounter will be remembered for the bomb ...
SOCCER
Abidal cuts short playing career at Olympiakos
Former France and Barcelona defender Eric Abidal announced his retirement from football on Friday, a day before his last match. Abidal said he will finish after playing for Olympiakos agains...
Inside Sports
COMMENTARY
The big picture
In his second term, US President Barack Obama is taking steps to enshrine his legacy and solidify America’s standing in the 21st century. His recent decision to normalize relations between t...
EDITORIAL
Get your facts straight
The danger that political discourse in Greece will sink to the basest levels of vulgarity is already more than apparent from the allegations we have heard bandied about over recent days. The...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Environment Ministry to reconsider controversial bill
2. Corfu to host country’s first hydroplane strip
3. Political upheaval sharpens after bribe claims with threats and insinuations
4. Police gets new communications system
5. Most Greeks say they recycle daily
6. Probe into revenues of 2 mln euros in Halkidiki municipality
more news
Today
This Week
1. The big picture
2. Get your facts straight
3. Changes on E9 property declarations possible until end-year
4. Corinth-Patra highway traffic to be diverted
5. Search under way for ‘mastermind’ of bank-scamming gang
6. Probe into revenues of 2 mln euros in Halkidiki municipality
Today
This Week
1. Juncker warns Greeks against voting 'extreme forces' into power
2. Romanos and the dilemma
3. Samaras summons bond vigilantes with euro exit talk
4. A friendly yet firm message from Pierre Moscovici
5. Europe's drama in Greece needs final act to avoid tragedy
6. High stakes
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.