DEH unionist found with offshore accounts
- Written by E.Tsiliopoulos
A public power corporation unionist has been found with 750,000 in offshore bank accounts, aready adding to heavy charges against him.
The findings of the president of the authority against money laundering, deputy supreme court prosecutor Panayotis Nikoloudis is expected to add new charges to an already heavy indictment against ppc DEH unionist Rizos Rizos.
According to a report in Sunday's Ethnos newspaper, 750,547.58 euros were found in two offshore companies in Cyprus, in accounts opened in the names of Rizos Rizos and his two daughters, which the initial report characterizes “money laundering.”
Mr Rizos is already facing grave charges of felonious fraud against the state.
The charges involve the squandering of stipends from the company to the employee union totaling 1,160,470.40 euros.
According to the newspaper states that Mr. Nikoloudis' report notes that Rizos' legitimate income barely covers his family's expenses.
According to the report, four real estate assets belonging to Rizos and his daughters are slated for confiscation as at this point the money abroad cannot be confiscated.
