Zorbas has second try with probe
The head of the committee formed to combat money laundering, Giorgos Zorbas, yesterday submitted for the second time his report on the bonds scandal without making any changes to the text that prosecutors rejected less than two weeks ago. One of the reasons the report had initially been rejected is that it was only signed by Zorbas and not the other members of the committee. However, the report submitted yesterday again only bore Zorbas’s signature. He explained in writing to prosecutor Giorgos Koliocostas that he does not believe the law stipulates that the report must be signed by the other panel members. Sources indicate that Zorbas has concluded in his probe that a number of people made illegal profits of some 4.2 million euros from the sale of a 280-million-euro Greek government bond to four pension funds. The bond was traded between various financial institutions at a discount before the funds bought it at almost face value. Zorbas concluded that some of the 4.2 million euros had been given to «political figures with specific political affiliations.»
