NEWS

Ex-Panteion staff jailed

An Athens appeals court on Monday upheld jail sentences of up to 31 years for seven former employees of Panteion University, one of Greece?s most prestigious academic institutions, for embezzling almost 2 billion drachmas (8 million euros) of its funds between 1992 and 1998.

The five-judge panel ruled that former rector Dimitris Konstas, and vice rectors Panayiotis Getimis and Constantinos Papathanasopoulos to 14 years in jail each. A former member of the university?s administrative staff, Anastasios Koutsodimitropoulos, was given a 31-year-term, while two other employees, Vlasis Veikontis and Haralambos Boutsikos, received 13-year sentences. Accountant Michalis Papadokostakis was given 14 years in jail. Suppliers Panayiotis Orfanos and Yiannis Gratsanis received 10-year terms.

The court ordered the seizure of property owned by the nine embezzlers, including a Ferrari bought by Koutsodimitropoulos.

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