Tuesday March 3, 2015 Search
Weather | Athens
20o C
11o 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)  
Notice on military maneuvers in Aegean was a mistake, Turkey says
Former SDOE chief to testify in Papaconstantinou trial
Man who killed three family members hangs himself in Thessaloniki jail
Convicted Conspiracy of the Cells Fire member to face magistrate
Greeces bailout extension no panacea for struggling bond market
One week after euro-area finance ministers agreed to extend Greeces bailout, the nations government bonds are showing no sign of moving above where they were when the anti-austerity SYRIZA...
Greece approved as recipient of EBRD funding through 2020
Greece, the European Unions most indebted member, will receive financing from the European Bank for Reconstruction and Development through 2020 to promote an economic overhaul. The London-b...
Inside Business
BASKETBALL
Waters turns from zero to hero for Kolossos Rhodes
For 40 minutes he was a real disappointment for his coach, Aris Lykoyiannis. His shooting rate was a miserable 1 in 10 two-point shots and he had made no three-pointers. On top of that he co...
SOCCER
Super League clubs promise to combat violence, again
The Super League clubs agreed on Monday to a blueprint of proposals for combatting violence in soccer grounds and will present it to Deputy Minister Stavros Kontonis to ask for the top fligh...
Inside Sports
COMMENTARY
The Greek tax drama
Numbers alone can never interpret reality, not even a strictly financial one. Besides, the art of creative accounting has a number of fans in this country, many more, for the time being, tha...
EDITORIAL
Mixed signals
Ankara finally realized, perhaps also thanks to international pressure, that its latest gesture was too provocative by any measure. Meanwhile, however, it was welcome to see the reflexes of ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Notice on military maneuvers in Aegean was a mistake, Turkey says
2. Greeces bailout extension no panacea for struggling bond market
3. Greece approved as recipient of EBRD funding through 2020
4. Former SDOE chief to testify in Papaconstantinou trial
5. Eurozone bond yields pinned at lows with ECB eyed
6. Varoufakis to make six reform proposals at Mondays Eurogroup
more news
Today
This Week
1. The Greek tax drama
2. Draghis QE moves to starting line as economic outlook brightens
3. Convicted Conspiracy of the Cells Fire member to face magistrate
4. Varoufakis to make six reform proposals at Monday's Eurogroup
5. Investor survey shows 38 pct chance of eurozone break-up in 12 months
6. Mixed signals
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. A fierce battle looms
3. SYRIZA feeling the pain
4. Spain said to lead push to hold Greece to terms as Podemos grows
5. The unlikely winners of Greece's surrender on euro
6. Tsipras reversal draws Greek sympathy as party rumblings rise
Advertiser Link
AMF PROJECT FINAL CONFERENCE-REGIONAL UNIT OF THESPROTIA
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.