Author Topic: Former Finance Minister Gikas Hardouvelis is investigated for transferring money  (Read 2202 times)

Offline alexinathens

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A European official speaking on condition of anonymity told journalists in the Belgian capital that since no technical work had been done by Greece’s lenders due to the proposals only being submitted Friday, there is no way eurozone finance ministers will be in a position to approve the Greek proposals on Monday.
“They may have degrees and doctorates in economics but they do not have the time or the technical knowledge to go into the details of the Greek program,” he said.
The official urged for there to be more communication between Greece and the technical teams from the International Monetary Fund, European Central Bank and European Commission.
Finance Minister Yanis Varoufakis is expected to face a barrage of questions from his eurozone counterparts on the proposals set out in his letter.
Some eurozone officials appeared to be running out of patience. ECB governing council member Luc Coene said in an interview on Saturday that Greece must realize “there is no other way than to reform,” noting that Greeks had been sold “false promises.”
“Tell me where the money should come from if the Greeks do not want reform and do not want to repay other European countries?” Coene told Belgian daily De Tijd.
Greece hopes that its proposed reforms will secure a portion of a pending 7.2-billion-euro loan installment. But it is unclear whether Varoufakis’s measures will be acceptable. Some believe the lenders will insist on the implementation of measures outlined after the last Eurogroup agreement which included changes to VAT policy.
In the meantime, state coffers are running dry and debt obligations are looming large. The government is ready to tap the cash reserves of social security funds and state organizations if necessary. The Finance Ministry sought to tap a portion of the 900 million euros left behind in the Hellenic Financial Stability Fund, Kathimerini understands, but was prevented by the European Stability Mechanism (ESM).

HARDOUVELIS
Opposition conservative New Democracy (ND) party and the ruling Radical Left Coalition (SYRIZA) exchange accusations, following a front page exclusive report by REAL NEWS newspaper, concerning an investigation against former Finance Minister Gikas Hardouvelis by the head of the money-laundering watchdog Panagiotis Nikoloudis, who has sent an urgent request to the Greek Parliament.
According to the document, Gikas Hardouvelis transferred funds abroad from his personal banking accounts. The document claims that the former finance minister transferred abroad in 2012 funds that were not included in the statements that he had been obliged to submit as the former prime minister’s adviser from November 2011 through to May 2012, and as former finance minister since June 2014. Hardouvelis responded to the press reports stating that that the amounts referred to had been taxed and income was a result of his work as well as that of his wife. He explained that the money in bank accounts abroad was income earned from working for years in the United States when he was not in public office and he was not required to include them in the certificate every public official has to submit. He finally, said that his bank deposits are included in his income taxes he files with IRS (FBAR).
It is “ridiculous for the main opposition to talk about tax evasion,” government spokesman Gavriil Sakellaridis said on Saturday, in response to criticism by New Democracy’s spokesman about tax-evasion-fighting efforts by the government, as delineated in a letter by the finance minister to its European partners.
“Those who humiliated the country internationally, serving every kind of interests and passing the tax burden onto the usual beasts of burden, had better keep quiet

http://www.greeknewsonline.com/former-finance-minister-gikas-hardouvelis-is-investigated-for-transferring-money-abroad-eurogroup-to-discuss-greek-reform-proposals/



Offline alexinathens

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What a load of crap  :-[