Trial for 11-mln-euro embezzlement at IKA in Kallithea begins
The trial of six female Social Security Foundation (IKA) employees and two of their husbands, who are accused of running a scam that led to them embezzling 11 million euros from Greece’s main social insurance fund, began on Monday.
The six employees at IKA’s offices in Kallithea, southern Athens, were accused of assigning benefits illegally to people not insured with the fund and taking a cut of that money themselves between 2003 and 2012.
Three of the employees were fired on February 28 after a disciplinary hearing.
It is expected that about 80 witnesses will called during the trial at the Criminal Appeals Court.
IKA is suing the defendants for 16 million euros. They also face charges of embezzlement, breach of duty, forgery, forming a criminal gang and money laundering.
