Friday August 22, 2014 Search
Weather | Athens
32o C
25o 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)  
Avramopoulos, Hagel hammer out ´roadmap´ of defense cooperation
Coast guard intercepts 180 migrants in Aegean in two days
Aftershocks rattle Halkidiki after strong 5-Richter quake
KEELPNO blames stomach bug for sick tourists on Rhodes
Spanish government bonds rise with Italy´s before Draghi speech
Spanish government bonds rose, with 10-year yields approaching a record low, amid speculation European Central Bank President Mario Draghi will reiterate the need for accommodative monetary ...
Greek peach farmers await Brussels decision on compensation
Greece's peach and nectarine producers were on tenterhooks on Friday, awaiting the outcome of a summit of agricultural experts in Brussels which is expected to determine the size of the comp...
Inside Business
SOCCER
Panathinaikos, Asteras Tripolis notch up vital wins in Europa League
Thursday proved a very productive night for two of the three Greek teams performing in the Europa League as Panathinaikos and Asteras Tripolis secured vital wins in the first legs of their p...
SOCCER
Greek soccer officials in refereeing probe to face prosecutor on Sept 15
Eleven soccer officials were on Wednesday given until September 15 before they have to face prosecutor Aristidis Koreas, who is investigating allegations that the draws to decide which match...
Inside Sports
COMMENTARY
Nationalism on steroids
Bodybuilders are in a league of their own. They rarely make headlines for their achievements, their performance, or being role models. In contrast, they’re more likely to make the news due t...
EDITORIAL
Time to kick a stupid habit
Official figures indicate that tax dodging continues unabated across Greece’s tourist areas. According to data made available by the Finance Ministry following checks conducted between July ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Spanish government bonds rise with Italy´s before Draghi speech
2. Greek peach farmers await Brussels decision on compensation
3. Avramopoulos, Hagel hammer out ´roadmap´ of defense cooperation
4. Coast guard intercepts 180 migrants in Aegean in two days
5. Panathinaikos, Asteras Tripolis notch up vital wins in Europa League
6. Aftershocks rattle Halkidiki after strong 5-Richter quake
more news
Today
This Week
1. Aftershocks rattle Halkidiki after strong 5-Richter quake
2. Coast guard intercepts 180 migrants in Aegean in two days
3. Avramopoulos, Hagel hammer out 'roadmap' of defense cooperation
4. Greek peach farmers await Brussels decision on compensation
5. Spanish government bonds rise with Italy's before Draghi speech
6. Merkel cites euro’s ‘construction flaws’ as economy sputters
Today
This Week
1. Carved sphinxes at Ancient Amphipolis tomb will not be removed
2. Treating Amphipolis with care
3. Canada’s fiscal adjustment has lessons for Greece
4. Greece to offer law on restructuring bad loans next month
5. Ministry sys ‘no’ to debt collection agencies
6. Karatzaferis eyes ND-LAOS alliance to stop Tsipras
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.