Friday Jul 25, 2014 Search
Weather | Athens
32o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Police break huge fuel smuggling racket

A fuel-smuggling ring allegedly led by a Greek businessman who heads a bunkering company and an Athens soccer club deprived the state of some 3.5 million euros, police said on Wednesday.

Officers arrested 15 suspected members of the racket, including 44-year-old Giorgos Spanos, who heads the bunkering company ETEKA as well as Atromitos soccer club, in connection with the scam.

Another nine people are being sought in connection with the racket, which is alleged to have illegally supplied more than 4.5 million liters of fuel oil to gas stations across Attica.

Apart from Spanos, key suspects detained by investigators include a senior official at the Environment Ministry and a customs officials. The pair are alleged to have tipped off the racket about scheduled inspections by authorities.

According to police, ETEKA’s tanker truck drivers siphoned off fuel oil during deliveries to ships, mixed it with vehicle fuel and resold it through a network of gas stations. At least 12 gas stations in various parts of Attica, ranging from Halandri and Aspropyrgos to Petralona and Perama, were found to have been involved with the fuel smuggling racket. The gas pumps at all the “affiliated” outlets were found to have been tampered with.

The probe was launched four months ago following an anonymous complaint regarding one of the affiliated gas stations, in Nikaia, near Piraeus, the owner of which is among the 15 suspects arrested. According to a police source, that gas station was put under surveillance for a week. “We observed fuel transfusions, from one truck to another, during the night,” the source told Kathimerini. After gaining access to the phone records of the 57-year-old gas station owner, police traced the other suspects, including Spanos.

According to Justice Ministry statistics made public earlier this month, fuel smuggling has cost the Greek state some 30 billion euros over the past two decades.

ekathimerini.com , Wednesday February 19, 2014 (20:35)  
University rectors voice concerns over further budget cuts
Aghan worker claims police intimidation after he demanded backpay
Aristotle University denies regulations barring disabled students
Prison guards demand meeting with public order minister
Lenders highlight Cypriot bad loans
International lenders concluded a fifth review of Cyprus’s economy on Friday, saying the island was making “relatively good progress” after a bailout last year but that key challenges lay ah...
More than 15 applicants for Cyprus Airways
Ryanair and Aegean Airlines are among more than 15 applicants which have made a non-binding expression of interest to buy loss-making Cypriot flag-carrier Cyprus Airways, officials said on T...
Inside Business
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. “I l...
SOCCER
Olympiakos downs AC Milan 3-0 in friendly
Greek champion Olympiakos defeated Italy's AC Milan 3-0 late on Thursday in a friendly match that launched the International Champions Cup in Canada and the US. The result, with goals from A...
Inside Sports
COMMENTARY
Forty years of shortsighted party policies
It is 40 years since the restoration of democracy, and the two main parties which were established in 1974 and determined the country’s fate since then are unable to act their age. For decad...
EDITORIAL
Putting the past behind us
Democracy was restored in Greece 40 years ago and the country owes a debt to Constantine Karamanlis for handling the transition and anchoring the country firmly in the safe port of Europe wi...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Lenders highlight Cypriot bad loans
2. More than 15 applicants for Cyprus Airways
3. Greece´s PPC OKs 180-mln-euro investment for wind projects
4. Optimism sees stock index climb over 1,200 pts
5. University rectors voice concerns over further budget cuts
6. Aghan worker claims police intimidation after he demanded backpay
more news
Today
This Week
1. Greek coast guard picks up 77 migrants off Myconos
2. Draghi safety net becoming blindfold as bonds soar
3. Aegean Airlines resumes flights to Tel Aviv
4. Police report points to less crime in 2014
5. Thousands of dead fish surface in Lake Pamvotis
6. Godfather, 35, shot at Karditsa christening dies
Today
This Week
1. Greece seen in third bailout as bonds not enough, economists say
2. Climber dies in Mount Olympus fall
3. Greek sovereign debt at 174.1 percent of GDP in first quarter
4. Unequal after death
5. Greek banks able to tap investors after stress tests, HFSF Says
6. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.