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GreekReporter.comGreek NewsCrimeProsecutors Launch Fraud Allegations Against Firms Overcharging State Hospitals Millions of Euros

Prosecutors Launch Fraud Allegations Against Firms Overcharging State Hospitals Millions of Euros

Greek hospitalThere are two companies that are being investigated for charges of fraud against Greece’s state hospitals, according to a prosecutors’ report by Antonis Eleftherianos and Yiannis Stevis.
The two prosecutors allege that the companies in question defrauded Greek taxpayers out of millions of euros from the time period of 2005 to 2009.
The companies, which remained unnamed in the information available, are suspected of overcharging hospitals for healthcare equipment, mainly pacemakers, which were purchased from shell companies in Cyprus. The companies claimed that because the equipment was bought from Cyprus instead of the usual route of international firms, the increase in cost was justified.
The prosecutors’ report, however, says that one company overcharged state hospitals as much as €20 million for products and services. It said that the other company in question is being accused of similar fraud charges equaling the same monetary value.
Sources report that the charges to the hospital from these two companies in particular might have been as much as two to three times as high as the actual price of the goods’ retail value.
Currently an anti-corruption magistrate is looking into this case and questioning the accused.

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