Suspects to face bond questions
Authorities are expected to start questioning on Monday more than 25 people regarded as suspects in the scandal involving the purchase of overpriced state bonds by pension funds. The suspects include members of the boards of pension funds that invested in the 280-million-euro bond issued by the Greek government earlier this year. Sources said that authorities now have enough evidence to charge the owners of the Acropolis brokerage, which sold the bond directly to the funds. Senior officials from London-based hedge fund North Asset Management are also likely to be charged due to their involvement in the chain of transactions. «The investigation is continuing and everything is still possible,» said one legal source. Authorities are investigating possible cases of fraud, money laundering and tax evasion. Sources added that prosecutors were hoping to wind up the investigation by the end of July when charges are expected to be brought.
