Tuesday May 26, 2015 Search
Weather | Athens
14o C
09o 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)  
Germany sees progress on Greece, EU officials to confer on Thursday
Brussels Group postponed to Wednesday
EU defends Juncker´s ´cool style´
Bad weather expected across Greece
Finance Ministry says tax on ATM withdrawals not in the cards
A few hours after Finance Minister Yanis Varoufakis said the Greek government was considering the introduction of a small levy on ATM withdrawals, the ministry issued a statement saying that...
´Grexit´ risk dips even as aid talks go to the wire, investor survey shows
The probability Greece will leave the euro zone in the next year has fallen even as Athens is fast running out of time to reach a cash-for-reforms deal with its EU lenders, a May survey of m...
Inside Business
SOCCER
Berg brace gives Panathinaikos four-point lead
Panathinaikos beat Atromitos on Sunday and took advantage of the goalless draw between PAOK and Asteras Tripolis to open a four-point gap from PAOK at the top of the Super League play-off mi...
SOCCER
Reds add Cup to league trophy with 3-1 win over Xanthi
Olympiakos completed a league-and-cup double on Saturday by beating Xanthi 3-1 in the Greek Cup final at the Olympic Stadium of Athens, that was more balanced than the final score suggests. ...
Inside Sports
COMMENTARY
Shame, justice, democracy
Contrary to the urban myth that Greek students are no longer taught Ancient Greek at school, they are both taught and tested on it. This does not mean to say, of course, that the subject is ...
EDITORIAL
Worrying signs in ruling party
Statements made by certain high-ranking SYRIZA officials during the party’s central committee assembly on Saturday are a source of concern. It has become blatantly clear by now that a signif...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Germany sees progress on Greece, EU officials to confer on Thursday
2. Brussels Group postponed to Wednesday
3. EU defends Juncker´s ´cool style´
4. Finance Ministry says tax on ATM withdrawals not in the cards
5. ´Grexit´ risk dips even as aid talks go to the wire, investor survey shows
6. Greece might sidestep June 5 IMF payment deadline
more news
Today
This Week
1. Overhaul planned for car taxation
2. IMF's Blanchard says Greek budget proposals not enough
3. Euro falls to four-week low as Greece deadlock spurs volatility
4. Time running out for Greece, ESM head Regling says
5. Here’s a Greek business that’s booming: Making test-tube babies
6. More migrants reach Greece, approaching 1,200 in 2 days
Today
This Week
1. Conspiracy madness
2. National self-awareness put to the test
3. Albanian demarche raises concerns about possible territorial claims over Greece
4. Why Greece won't hold referendum on reforms
5. Greek endgame nears for Tsipras as bank collateral hits buffers
6. Hotel contracts with a ‘Greek default clause’
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.