NEWS

Ex-mayor denies tax evasion as medic, academics come under spotlight

A former mayor of Marathon, in northeastern Attica, on Monday denied claims that he hid 3.4 million euros from tax authorities after the Financial Crimes Squad (SDOE) released details of more than a dozen cases of alleged financial offenses. Spyros Zagaris, who was the mayor of Marathon from 2007 to 2011, claimed the balance of his account at Piraeus Bank had never exceeded 7 euros.

In a statement earlier in the day, SDOE said a total of 3.42 million euros was paid into the account of the ex-mayor between 2004 and 2009.

Zagaris’s case was just one of several highlighted by SDOE as the outcome of probes carried out last month. Others relate to six companies alleged to have evaded more than 5 million euros in value-added tax, three university professors who did not declare 3 million euros in European Union subsidies and a cardiologist who hid 1.4 million euros in income.