NEWS

Greek shipping tycoon issues denial over drug probe

Greek shipping tycoon issues denial over drug probe

Greek shipping tycoon and the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, Vangelis Marinakis, denied any links to drug trafficking on Saturday. 

The 50-year old shipowner denied any wrongdoing saying that the charges were legally unfounded and accused the country’s leftist-led government of plotting against him.

“There is not the least evidence against me,” Marinakis said in a statement posted on the Olympiakos website, adding that “members of the governing coalition have persistently targeted me” and said the results of any investigation would prove his innocence.

The government declined to comment on the case or Marinakis’ accusations.

The case emerged four years ago when the Greek coastguard discovered a record two-tonne haul of drugs, mainly heroin, aboard a small tanker called Noor One and in a warehouse near Athens.

A court has sentenced 15 people to prison in that case. 

The case followed a preliminary investigation that looked into financial transfers related to the financing of the tanker, the judiciary source said, requesting anonymity.

Court authorities have not made any public announcements on the case, which is standard practice in the country.

An investigating magistrate against corruption is expected to look further into the case, the judiciary source said.

[Reuters/Kathimerini]

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.