Thursday September 18, 2014 Search
Weather | Athens
27o C
19o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
De-mining NGO tied to fund fraud worth 9 mln euros

Greek police said on Monday they have smashed a racket centered around a nongovernmental organization that swindled 9 million euros in state money intended for de-mining operations in Bosnia, Iraq and Lebanon.

The head of the International De-mining Center, which was relocated from Greece to Cyprus last year, has been detained on fraud charges, the polices press spokesman, Christos Parthenis, told reporters. Another seven people including the detained chiefs wife as well as three current and three former members of the diplomatic service, are being sought, Parthenis said, adding that the scam was one of the biggest cases of fraud against the Greek state and money laundering to date.

The head of the center, a former journalist, is alleged to have purchased four properties, three in Athens and one on Rhodes, and to have been living in a luxury villa in Vrilissia, an affluent northern suburb of Athens, with his family.

The NGO is alleged to have secured 9 million euros in state funding between 2000 and 2004, ostensibly for de-mining operations in Bosnia, Lebanon and Iraq.

According to police, the money was illegally obtained as the NGO did not meet funding conditions. Staff recruited by the NGO in the countries where the de-mining was to be carried out were obliged to return up to 30 percent of their salaries in bogus donations to the organization, police said. That money was used to help the NGO cover a 25-percent stake in the projects, meeting the condition for the Greek state to finance the remaining 75 percent.

Police sources added that Greek Embassy officials in countries where the de-mining was to be carried out did not monitor implementation of the operations. It remained unclear whether the operations were actually implemented in the three countries.

ekathimerini.com , Monday February 17, 2014 (21:47)  
Mans charred remains retrieved from vehicle following accident
SYRIZA ahead of ND, new opinion poll shows
Extradited Greek couple to face magistrate in Athens
Police report identifies officers with ties to Golden Dawn
European stock-index futures advance after fed policy decision
European stock-index futures rose, as Federal Reserve Chair Janet Yellen indicated that interest rates wont increase anytime soon, while Scotland prepares to vote on independence. U.S. stoc...
Bank of Cyprus sells UK loan portfolio
Cypriot lender Bank of Cyprus has agreed to sell a UK loan portfolio to Mars Capital Finance and Camael Mortgages for 361 million euros ($465 million), it said on Thursday. The loan portfoli...
Inside Business
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
SOCCER
Mitroglou rediscovers scoring touch after Fulham let-down
Costas Mitroglou banished the memories of his disappointing spell in England after breaking a 10-month goal drought as Olympiakos Piraeus secured a thrilling 3-2 Champions League win over At...
Inside Sports
COMMENTARY
Greek societys and lenders fatigue
The issue of early elections continues to dog the coalition government despite all the official denials. That the administration is losing its cool is obvious. The political discourse has no...
EDITORIAL
Legitimacy control
The process of checking the authenticity of the qualifications of civil servants hired in the broader public sector during the period of major waste and corruption must move on. The evaluati...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Mans charred remains retrieved from vehicle following accident
2. European stock-index futures advance after fed policy decision
3. Bank of Cyprus sells UK loan portfolio
4. National Bank of Greece said to pick advisers for Turkish sale
5. SYRIZA ahead of ND, new opinion poll shows
6. Extradited Greek couple to face magistrate in Athens
more news
Today
This Week
1. SYRIZA ahead of ND, new opinion poll shows
2. Extradited Greek couple to face magistrate in Athens
3. National Bank of Greece said to pick advisers for Turkish sale
4. Bank of Cyprus sells UK loan portfolio
5. European stock-index futures advance after fed policy decision
6. Man's charred remains retrieved from vehicle following accident
Today
This Week
1. Greece on standby
2. Avramopoulos appointed Commissioner for Migration and Home Affairs
3. Central Athens traffic restrictions back in force on Monday
4. Greece at bottom of social justice scale among EU28
5. EU bank tests may miss trillion dollar risk, study finds
6. Lost in the fog
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.