Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Air Algerie investigation continues

Read more

AFRICA NEWS

Dozens of youths trampled to death on Conakry beach

Read more

AFRICA NEWS

Ebola death toll tops 700

Read more

MEDIAWATCH

UNRWA official breaks down over Gaza deaths

Read more

DEBATE

Argentina Defaults - Kirchner Cries Foul Over 'Vulture Funds' (part 2)

Read more

DEBATE

Argentina Defaults - Kirchner Cries Foul Over 'Vulture Funds'

Read more

MEDIAWATCH

Renault's women drivers ad deemed sexist

Read more

FOCUS

Constitution prohibits Aung San Suu Kyi to run for president

Read more

THE BUSINESS INTERVIEW

War and Markets, with Steen Jakobsen, Chief Economist at Saxo Bank

Read more

  • Kerry, Ban announce 72-hour humanitarian ceasefire in Gaza

    Read more

  • Interactive: France’s new plan to counter jihadism in Africa

    Read more

  • French Jews speak of growing fear in Paris amid Gaza conflict

    Read more

  • Video: Inside Hamas ‘terror’ tunnels in Gaza

    Read more

  • France remembers murdered socialist hero Jean Jaurès

    Read more

  • Sierra Leone declares state of emergency over spread of Ebola

    Read more

  • Investigators reach MH17 site amid 24-hour ceasefire

    Read more

  • Air France ground workers to strike on August 2

    Read more

  • Scores feared dead in India landslide

    Read more

  • Russia ordered to pay further €1.9 billion to Yukos shareholders

    Read more

  • Iraq's Christians: Nowhere to Run?

    Read more

  • Russia defiant as US, EU unveil 'phase three' sanctions

    Read more

  • US House votes to sue Obama for over-reaching his powers

    Read more

  • Argentina fails to reach deal with creditors

    Read more

Europe

Greece to launch tax probe into former finance minister

Text by News Wires

Latest update : 2013-01-18

The Greek parliament agreed Friday to investigate former socialist finance minister George Papaconstantinou for allegedly interfering with a tax evasion probe. Papaconstantinou is suspected of tampering with a confidential document.

The Greek parliament on Friday agreed to investigate former socialist finance minister George Papaconstantinou for allegedly tampering with a confidential tax document to hinder a probe into tax evasion.

After a lengthy and heated debate that started early on Thursday, a majority of lawmakers voted in favour of setting up a committee to look into the minister's suspected cover-up.

Not enough votes were gathered to approve further probes into another former minister and two ex-prime ministers regarding the same scandal, which involves a list of names of Greek citizens with accounts at HSBC bank in Switzerland suspected of tax evasion.

"It is obvious that some people want me to be the scapegoat," said Papaconstantinou, who is accused of deleting the names of three of his relatives from the list, when he addressed the parliament on Thursday.

"I did not alter anything. I had no reason to do so. My relatives have provided evidence that the sums concerned are legal and have already been taxed," he said.

"I did not make a fortune through politics, I do not have any accounts in Swiss banks nor do I have offshore companies. I only have loans," he added.

Greece's coalition government, led by the conservative New Democracy party and including the socialist Pasok and moderate left-wing Democratic Left, has been in favour of investigating Papaconstantinou for alleged breach of duty and falsification of an official document.

Radical leftist Syriza, the main opposition party, had also called for an investigation of Pasok leader Evangelos Venizelos, Papaconstantinou's successor in the finance ministry.

Two smaller opposition parties further wanted a probe into former prime ministers George Papandreou and Lucas Papademos.

Papaconstantinou, who has retired from politics, helped engineer the heavily indebted country's first austerity programme and international bailout plan in 2010.

Greek financial prosecutors are currently looking into some 2,000 names on the list which was originally leaked by an HSBC employee.

Local media have branded the scandal the "Lagarde list" affair, as current International Monetary Fund chief Christine Lagarde initially sent the list to Papaconstantinou in 2010 when she was France's finance minister.

(AFP)

 

Date created : 2013-01-18

  • GREECE

    S&P upgrades Greece to B- with stable outlook

    Read more

  • GREECE

    Greece names second finance minister in five days

    Read more

  • GREECE

    New finance minister named in bid to reassure public and Socialists

    Read more

COMMENT(S)