Fraud case referring to ex-PM Simitis referred to Parliament

A case file on alleged acts of fraud committed by former PM Kostas Simitis and Cabinet members during the period 2000-2001 was forwarded to Parliament on Friday, in compliance with the ministerial liability provisions included in the Constitution.

 

The file was prepared following a lawsuit tabled in April 2010 by Austrian economist Fayad Mulla-Khalli against Goldman Sachs for allegedly exposing the eurozone to dangers in 2000-2001 through "swaps", which the latter claims allowed Greece to hide the full extent of its borrowing and to misrepresent the true size of its public debt. 

 

The lawsuit filed in the European Union concerns a period of time when Simitis was head of government in Greece.

 

 

 

 

ANA