Monday November 24, 2014 Search
Weather | Athens
14o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Deeper probe ordered into GNTO finances

A team of inspectors from the General State Accounting Office will be probing the finances of the Greek National Tourism Organization (GNTO), it was revealed on Thursday, after five arrests over an embezzlement scam and claims of 12 million euros missing from the organization’s coffers.

The Tourism Ministry ordered a deeper probe into the GNTO’s finances after general secretary Panos Livadas admitted to there being some “gaps in the accounts,” following the arrest earlier this week of five people, including a former GNTO consultant, on embezzlement charges.

Accountants inspected the organization’s books earlier this month and found a 12-million-euro shortfall, former general secretary Nikos Karahalios claimed. Karahalios left the organization on December 20, a day after which an aide of his attempted to cash a GNTO check bearing the official’s signature. Karahalios insists that his signature was forged and says he was unaware of the incident.

The main suspect is 39-year-old Costas Vasilakos, a former special adviser to Karahalios, who attempted to cash the 147,000-euro check. According to a representative of the organization’s employees, Constantinos Rantos, as well as police sources, Vasilakos had succeeded in getting his hands on two GNTO checkbooks, one of which was used to write out the contentious check. Rantos also told Kathimerini that Vasilakos applied pressure on staff to divulge the organization’s banking details.

ekathimerini.com , Thursday December 27, 2012 (21:38)  
Biden briefs Anastasiades about talks in Istanbul
Prosecutor seeks trial for 64 in Siemens bribery scandal
Thessaloniki man sentenced to 20 years for German school hostage crisis
Rifle used in Piraeus shooting not connected to previous attacks
Traders eye developments with creditors
The last week of November began with minor losses for the Greek bourse’s benchmark as traders are anticipating developments regarding a pending review of the Greek program’s progress by the ...
ILO calls for urgent action in Greece to create jobs, tackle social problems
The International Labor Organization (ILO) called on Monday for a change in policy in Greece to boost employment and prevent a social crisis. In its “Productive Jobs for Greece” study, which...
Inside Business
BASKETBALL
Olympiakos ends PAOK´s unbeaten run in Basket League
Olympiakos put an end to PAOK’s unbeaten run in the Basket League with an emphatic win at the Peace and Friendship Stadium, leaving Panathinaikos as the only team with a perfect record so fa...
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japan’s image and economy following the triple blow of the earthquake, tsunami and nuc...
Inside Sports
COMMENTARY
Extremism from a bygone era
There are times when we seem to be overcome by self-destructive madness. I hear various commentators and politicians speaking in extreme terms of a junta, of defections, gallows, collaborato...
EDITORIAL
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Biden briefs Anastasiades about talks in Istanbul
2. Prosecutor seeks trial for 64 in Siemens bribery scandal
3. Thessaloniki man sentenced to 20 years for German school hostage crisis
4. Rifle used in Piraeus shooting not connected to previous attacks
5. Professor convicted over accepting bribes to pass students
6. SYRIZA denies reports of Tsipras dining with Angelopoulos-Daskalaki, Latsis
more news
Today
This Week
1. Scientists expand excavation of ancient Amphipolis
2. Greek officials to meek troika chiefs in Paris to break review stalemate
3. Police seek to name man who opened fire with AK47 at Piraeus bar
4. EU said to plan 21 billion-euro risk-sharing fund for investment
5. Biden informs Anastasiades about content of talks with Erdogan
6. Countdown to missed opportunity for EU economy
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Anti-junta uprising anniversary to be marked amid tight security
4. Every age has its collaborators
5. Give Greece a chance
6. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.