Checks on money sent abroad finally pick up pace

The Finance Ministry is speeding up checks on money sent abroad in the period from 2009 to 2011 as well as various lists of suspicious accounts Greek authorities have received from international sources.

According to sources, out of the 24,710 cases of money forwarding that should be inspected, authorities have checked just 46. In the first nine months of the year no more than two were checked, and within one month, following the change to the legal framework, another 44 were inspected. The checks brought about the imposition of fines adding up to 7.2 million euros, with about 2.5 million euros of that already paid.

The target set by end-February is for another 200 taxpayers who have had money forwarded abroad to be fully checked.

A top ministry official said that the aim is for some 80 to 100 cases to be completed every month, but that requires employing more staff to monitor the lists and accounts.

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