NEWS

Tatoulis slams his own team

PASOK failed yesterday in its attempt to convince Parliament to set up its own inquiry into the bond scandal that rocked Greek politics last year but it provided the opportunity for one government MP to launch an attack against his own party. Former Culture Minister Petros Tatoulis was denied his chance to speak during the debate but later published his speech, which was highly critical of the government, on his personal website. New Democracy’s Tatoulis said it was a «common secret» that money was laundered during the sale of structured bonds last year. An investigation found 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 among various financial institutions at a discount before the funds bought it at almost face value. Tatoulis, who has been outspoken in his criticism of the government before, said that recent financial scandals had a political angle and accused the government of doing little to combat corruption.