NEWS

Ten to stand trial for financially damaging TSPEATH investment

Ten people were on Monday indicted in connection to an investment in a structured bond by the Pension Fund for Press Employees (TSPEATH).

The 10 suspects include two of its former presidents, Panayiotis Demestichas and Dimitris Kapranos.

TSPEATH invested in the 130-billion-euro government note in July 2006 with several other funds but the move was allegedly financially damaging for the organization and its members.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.