Monday September 22, 2014 Search
Weather | Athens
31o C
22o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
SDOE chief admits slow progress in 'Lagarde list' probe

Financial Crimes Squad (SDOE) chief Stelios Stasinopoulos on Tuesday admitted to Parliament's ethics and transparency committee that an investigation into a list of Greeks with accounts at a Geneva bank for possible tax violations was slow in getting off the ground as the data needed to be refined, but added that progress is being made.

SDOE is investigating some 1,700 names from a list given to Greek authorities by former French Finance Minister Christine Lagarde in 2010 of Greeks with accounts at branch of HSBC in Geneva.

Stasinopoulos said on Tuesday that SDOE has compiled files on 266 of these individuals for further investigation and that 155 of these can be expected to reach some kind of conclusion by the end of the month.

The head of SDOE told the parliamentary committee that the delay in investigating the nature of the deposits and whether they were the product of tax evasion is due to the fact that the list contained names only and that it can take several months for SDOE to cross check these names with tax authorities' files.

"It was impossible," Stasinopoulos said. "The investigations had to be preceded by processes that until now were not under SDOE's jurisdiction. We had to be able to compile all the data according to the individuals' tax identification numbers rather than just their names so that the data could be processed."

He added that SDOE's auditors had no prior experience in the probing of bank accounts and had to attend a special seminar over the summer, which meant that the investigations did not get under way until September.

Stasinopoulos also warned that among the names under investigation are "financially prominent individuals."

"We can expect them to challenge our findings so we have to make sure that they are tied up tight," Stasinopoulos added.

ekathimerini.com , Tuesday Jan 14, 2014 (11:41)  
Three more people arrested at Fyssas march bailed
FYROM official raises Vergina Sun flag on Mount Olympus peak
Three injured as coast guard catches two human traffickers in Aegean
Griveas and wife bailed over Hellenic Postbank loans
New 10-euro note goes into circulation on Tuesday
New 10-euro notes are being introduced across the eurozone from Tuesday. The European Central Bank is gradually phasing in new banknotes to replace those in circulation since the euro became...
European bonds rise as China, G-20 warnings curb scope for yield
Most European government bonds advanced as speculation China will accept lower growth and warnings from the worlds biggest economies of rising financial risks boosted demand for fixed-inco...
Inside Business
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...
SOCCER
Triumph for PAOK, historic result for Asteras in Europa League
Greek teams produced a patchy record on the opening night of the Europa League group stage on Thursday, as PAOK thrashed Dynamo Minsk, Asteras Tripolis snatched a draw at Besiktas and Panath...
Inside Sports
COMMENTARY
Universities threatened by transfers
The problem arising from the abuse of the Greek university transfer system whereby some students are allowed to move to an institution of their choice instead of the one they were admitted...
EDITORIAL
Capital changes
A sizable part of the middle of the Greek capital has been slated to receive a significant makeover with the implementation of an urban restructuring project which includes turning a key cit...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Three more people arrested at Fyssas march bailed
2. FYROM official raises Vergina Sun flag on Mount Olympus peak
3. Three injured as coast guard catches two human traffickers in Aegean
4. New 10-euro note goes into circulation on Tuesday
5. European bonds rise as China, G-20 warnings curb scope for yield
6. Griveas and wife bailed over Hellenic Postbank loans
more news
Today
This Week
1. Alexander the Great's tomb not at Amphipolis, says Culture Minister
2. Euro touches 14-month low before Draghi testimony
3. Draghi effect subsiding leaves pressure building on ECB chief
4. Investors snap up euro zone banks, exporters in ECB bet
5. Venizelos denies jihadis are being trained in Greece
6. Civil servants' union calls new strike over evaluation
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.