Friday October 24, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Two more suspects questioned in TT probe

Prosecutors heading an investigation into millions of euros in unsecured loans alleged to have been issued by Hellenic Postbank (TT) on Tuesday questioned another two suspects – a former TT employee who was given conditional release and businessman Dimitris Kontominas, whose fate is to be decided on Wednesday after a magistrate and prosecutor disagreed on whether to remand or release him.

Haralambos Yiagoudis, a 45-year-old TT employee, has been accused of issuing unsecured loans at favorable rates to Kontominas, to the former major stakeholder in Proton Bank, Lavrentis Lavrentiadis, and to a third businessman, Kyriakos Griveas, as well as the latter’s wife. In Yiagoudis’s testimony, he insisted that he evaluated all the companies before approving the release of the loans and claimed that the beneficiaries had been making their loan repayments up until 2012.

Meanwhile a judicial council is to decide on Wednesday on whether Kontominas, who is alleged to have been granted 110 million euros in loans from TT, should be remanded on charges of fraud, breach of faith and money laundering. Popi Papandreou, the prosecutor leading the TT probe, called for him to be remanded but investigating magistrate Giorgos Andreadis disagreed, proposing instead that the owner of Alpha television channel and the Interamerican insurance firm pay 5 million euros in bail to secure his conditional release.

In his testimony, Kontominas is alleged to have insisted that all the loans received by his companies from TT had been issued on the basis of adequate guarantees. He also claimed to have put up company shares as collateral for the loans, sources said, noting however that the value of the shares fell due to the impact of the country’s financial crisis.

ekathimerini.com , Tuesday Jan 14, 2014 (21:54)  
Greek private workers´ union calls 24-hour strike for November 27
Finance Minister appeals for support for amendments ahead of vote
Credit line only open to Greece if it meets economic targets, sources say
Venizelos slams Turkey for ´flagrant violation of international law´ off Cyprus
Tax revenues up by 1 bln euros in 2nd quarter, public sector wages down
Tax revenues increased by nearly 1 billion euros in the second quarter of this year, according to data released on Friday by the Hellenic Statistical Authority (ELSTAT) on Friday while publi...
ECB bank assessment to show 6-billion-euro capital gap, Citi says
The euro area’s biggest banks will show a 6 billion-euro ($7.6 billion) capital gap in the European Central Bank’s tests of the quality of their assets and ability to withstand economic shoc...
Inside Business
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
BASKETBALL
Greens succumb to first loss at Bayern
Panathinaikos’s unbeaten run in all competitions came an end on Thursday as the Greek champion lost 81-75 at Bayern Munich for the Euroleague. Bayern is a team that improves every year, and ...
Inside Sports
COMMENTARY
Tension for tension’s sake?
It is evident that Turkish President Recep Tayyip Erdogan feeds off tension. He would barely have achieved as much as he has – and prevailed – if he had not been so keen to confront a series...
EDITORIAL
Testing ground
The Regional Authority of Attica is a good testing ground for politicians who appear to thrive on accusations to prove whether they can actually solve major problems of a practical nature. T...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Tax revenues up by 1 bln euros in 2nd quarter, public sector wages down
2. Greek private workers´ union calls 24-hour strike for November 27
3. Finance Minister appeals for support for amendments ahead of vote
4. Credit line only open to Greece if it meets economic targets, sources say
5. ECB bank assessment to show 6-billion-euro capital gap, Citi says
6. Venizelos slams Turkey for ´flagrant violation of international law´ off Cyprus
more news
Today
This Week
1. Woman killed in tram accident in Floisvo, south of Athens
2. Clocks to go back 1 hour on Sunday
3. ECB vies for third time lucky in European stress tests
4. Cyprus GDP upgrade seen as boosting bailout exit plans
5. Venizelos slams Turkey for 'flagrant violation of international law' off Cyprus
6. Cyprus president to be released from hospital on Friday following readmission
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Greece’s closed society is central to its current malaise
3. Coalition shooting itself in the foot
4. Greece must stick to reforms, says Schaeuble
5. At least 11 banks to fail European stress tests, three in Greece, report says
6. Cyprus to block Turkey's EU talks after EEZ violation
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.