Ellaktor CEO denies he was arrested over unpaid taxes

Leonidas Bobolas, CEO of construction firm Ellaktor, said on Wednesday that he contacted authorities to settle a tax issue of his own accord and was not arrested as reports suggested.

Bobolas was released after paying 1.8 million euros, which allegedly related to an amount he was asked to pay following an investigation into the deposits held by Greeks at the Geneva branch of HSBC, who were named on the so-called Lagarde list.

Sources said that the preliminary inquiry by prosecutors into the specific case will continue despite the payment made yesterday by Bobolas.

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.