Displaying items by tag: toxic loans

The prosecutor has asked for a bail for jailed businessman Lavrentis Lavrentiadis, pegged at the exorbitant sum of 100 million euros. If the businessman posts the bail he may be released pending trial.

Angelos Filippidis, flew to Athens at 9 am this moring and was taken to the Police Headquartes (GADA), after being arrested. Filipiddis was given until Monday to prepare his deposition.

Evidence of a 52-million-euro loan given by Hellenic Postbank in 2009 to a real estate firm that subsequently filed for bankruptcy has come under particular scrutiny.