More than 10 arrest warrants issued over suspect Hellenic Postbank loans

At least 10 arrest warrants were issued late Wednesday in connection with suspect loans worth more than 400 million euros given by Hellenic Postbank between 2006-2011, according to reports.

Police were reportedly seeking several Greek and Cypriot businessmen, former CEOs and other staff of Hellenic Postbank following a probe into the loans on charges of money laundering and fraud.

Reports late Wednesday said an arrest warrant had been issued for the owner of Alpha TV, Dimitris Kontominas.