Prosecutor wants to see 40 defendants take the stand in Postbank loan trial

A prosecutor on Wednesday recommended that 40 people stand trial in connection to the alleged unsecured loans scandal at Hellenic Postbank (TT).

Prosecutor Maria Soukara-Katsikadi said she found during her probe that more than 400 million euros in loans were not adequately secured. She also discovered cases in which the loans were supposed to be for business purposes but were used to buy houses or line personal accounts.

The prosecutor proposed that a range of felony charges, some carrying life sentences, should be filed.

A council of appeals court judges is due to decide who will be charged with what offense in the coming weeks.

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