OASTH president claims past leadership deliberate misconduct
- Written by E.Tsiliopoulos
The president of Thessaloniki transport company OASTH Stelios Pappas, in an interview with SKAI TV on Monday, claimed he has found evidence of deliberate financial mismanagement of the organisation, with shareholders profiting while the company posted losses.
Giving examples, he explained that business profit at OASTH reached 80 pct and was recorded in the accounts as expenses, generating a deficit and a constant need for state funding.
Pappas said that the organisation must be liquidated so that it can be restructured and acquire new modern equipment. He added that Transport Minister Christos Spirtzis will present the figures in a press conference to be held before Prime Minister Alexis Tsipras's speech at the Thessaloniki International Fair (TIF).
Related items
-
Hatzidakis in Washington for IMF and World Bank meetings
-
Erdoğan flies off the bat: "Israel surpassed Hitler, it is a state of terrorists"
-
IMF: Reduction of Greek public debt to 158.8% of GDP in 2024—Primary surplus of 2.1%
-
PM Mitsotakis from Brussels: EU aims to prevent Middle East crisis escalation
-
New Democracy fields controversial candidate ahead of European elections
Latest from E.Tsiliopoulos
- Turks flock to Greek islands after vis-on-arrival process
- Hatzidakis in Washington for IMF and World Bank meetings
- Erdoğan flies off the bat: "Israel surpassed Hitler, it is a state of terrorists"
- IMF: Reduction of Greek public debt to 158.8% of GDP in 2024—Primary surplus of 2.1%
- PM Mitsotakis from Brussels: EU aims to prevent Middle East crisis escalation