Greece
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Hellenic Postbank

Hellenic Postbank Scandal will Cost Greek State About 500 mln Euros

The total losses suffered by the State from the TT Hellenic Postbank scandal in the period from 2006 to 2012, when its administration issued bad loans before its liquidation in 2013, is estimated at 500 million euros, according to...

Appeals Justices Order 35 to Stand Trial in Postbank Bad Loans Case

The Appeals Justices' Council ordered 35 people, on Tuesday, to stand trial for bad loans issued by TT Hellenic Postbank before its liquidation in 2013, including the bank's former head Angelos Filippidis. In their indictment, the justices said that all...

Griveas-Vatsika Released On Bail for Hellenic Postbank Unsecured Loan Case

Kyriakos Griveas and his wife Anastasia Vatsika were released on conditions on Monday after testifying to the examining prosecutor for Corruption Giorgos Andreadis in relation to the Hellenic Postbank unsecured loans case. Following a unanimous decision by the examining investigator and...

Griveas-Vatsika Couple To Be Extradited To Greece

A London court ruled yesterday that businessman Kyriakos Griveas and his spouse Anastasia Vatsika must be extradited to Greece to stand trial in relation to an unsecured loan issued by Hellenic Postbank. This was after Greek authorities had asked for...

Greece's Rich Plundered Banks

The head a Greek unit investigating money-laundering told Parliament that connected Greek businessmen have been using five banks in elaborate scheme to essentially steal a billion euros of depositors’ money while being protected by politicians he didn't name. Panayiotis Nikoloudis,...

TT Bank's Filippidis Freed On Bail

Former Hellenic Postbank chairman Angelos Filippidis, charged in connection with an alleged bad loan scheme at the failed state-owned institution, was released on two million euros bail on Feb. 10 after telling an interrogator at an Athens court he...

Filippidis Βefore the Ιnvestigating Μagistrate

Greek Former Hellenic Postbank (TT) chairman and CEO Angelos Filippidis is currently testifying before the investigating magistrate on corruption issues. Filippidis will try to rebut the charges against him and persuade the magistrate not to order his detention on remand...

It's Easy To Find The Greeks Who Can't Steal Straight

There’s so many scandals in Greece that you need a scorecard to keep them straight and they all involve politicians, businessmen and connected people who thought, often with much justification that either they were too smart to get caught,...

Filippidis: 'They are After Me Because I am Friend of Karamanlis'

Angelos Filippidis, the former head of Hellenic Postbank who was arrested in Istanbul after Greek authorities said he was wanted in connection with a bad loan scheme at the failed state bank he ran, made a statement in front of...

Turkish Court Releases Filippidis

Angelos Filippidis, the former head of Hellenic Postbank who was arrested in Istanbul after Greek authorities said he was wanted in connection with a bad loan scheme at the failed state bank he ran, was released by a Turkish...