Displaying items by tag: hellenic postbank

Kyriakos Griveas and Anastasia Vatsika wanted on warrants for the Hellenic Postbank toxic loans turned themselves in to Scotland Yard in London. UK authorities did not incarcerate them, but kept their travel documents.

The Greek justice system has been dealing with high profile corruption cases recently, with revelations cascading daily. One may say the Greek public has been privy to details in cases that for a long time have reeked of corruption, but had not been investigated, and now are coming into the limelight.

Greek prosecutors are looking into a series of loans which the state bank issued from 2007-2012 and which resulted into 500 million euros of losses for the bank.