Calamos Supports GreeceCalamos Supports Greece Greek News Crime Former ELSTAT Chief Andreas Georgiou Handed Suspended Two-Year Jail Sentence

Former ELSTAT Chief Andreas Georgiou Handed Suspended Two-Year Jail Sentence

An Athens Appeal Court has sentenced the former head of ELSTAT Andreas Georgiou to two-year imprisonment on a charge of breach of duty.
The sentence is suspended for three years.
The Court did not recognize any mitigating circumstances and imposed the maximum sentence, in line with the recommendation of the prosecutor’s office.
In particular, Georgiou was found guilty for failing to inform the ELSTAT Board of Directors with the result that the decision to assess the revised deficit figures for 2009 has been taken without the explicit agreement of the other members.
He was found not guilty on the second charge of parallel employment for a few months as head of ELSTAT but also as an employee of the International Monetary Fund.
The court’s decision marks a setback for the former chairman of ELSTAT after he was acquitted of the same charges last December by another appeals court. A senior Greek prosecutor ordered for the case to be reopened.
Criminal charges were brought against Andreas Georgiou in 2013 after Greece’s statistics agency employees accused him and other officials from the agency of artificially inflating Greek budget figures when the country requested a bailout in 2009.

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