Saturday March 28, 2015 Search
Weather | Athens
14o C
09o 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 Kapsimaliss 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 Atticas Korydallos Prison since December 2012. For most of that time, he has been in the prisons hospital and has made several unsuccessful appeals for his release, citing serious dermatological and psychological ailments.

ekathimerini.com , Thursday February 13, 2014 (21:00)  
Defense minister Kammenos sues commentator for 1 mln euros
Reform talks move to Brussels
China and Greece look to closer ties, as FM heads to US
British Museum rejects request for Unesco mediation on Parthenon Marbles
Bank accounts continue to bleed
Pressures on Greek bank deposits have continued in March, with sector officials estimating that households and enterprises have withdrawn a net 3 billion euros in the first weeks of this mon...
Hania and Athens are the top picks for Easter visitors
Athens and Hania (pictured) are the first choices among foreign holidaymakers heading to Greece next week for Catholic and Protestant Easter, according to international online travel search ...
Inside Business
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
COMMENTARY
Time to get moving
More than two months have passed since the elections and the government has to stop running around in circles and adopt a program of specific reforms, with detailed calculations as to their ...
EDITORIAL
The same old story
One of those infamously bad practices that the political system has been accused of for years is being propagated by the new government today, as it is appointing party cadres and politician...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greens live dangerously in Istanbul
2. Bank accounts continue to bleed
3. Hania and Athens are the top picks for Easter visitors
4. Landlords to pay tax on unpaid rent
5. Air arrivals grow 20 pct in Jan-Feb 2015
6. Cash injection from state debtors
more news
Today
This Week
1. Greek future as trade hub in limbo amid Syriza split on railways
2. Greek gov't denies finance minister Varoufakis to resign [Update]
3. Bundesbank's Weidmann says euro zone debt in 'danger zone,' opposes more aid for Greece
4. New Democracy's political council convenes to decide line opposite gov't
5. Clocks go forward one hour on Sunday
6. Berlin says has no exact information about Greek reforms
Today
This Week
1. Next Monday is D-Day for state funds
2. EU asks Greece for more reforms to speed talks on bailout
3. PM faces Merkel amid race to detail reforms
4. Some more equal than others
5. Greece to present reforms by Monday, says gov't spokesman [Update]
6. EU institutions statement on Greece
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.