New Democracy and PASOK are called to respond by the end of the day to the demand by financial prosecutor Grigoris Peponis in January in regards to the parties' funding. It should be reminded that at the end of January, Peponis invited officials from both parties to explain the large loans they received from several banks as part of a probe into political funding, or to the combined debts of some 250 million Euros.
Reports claim that New Democracy owes some 105 million Euros to ATEbank and 15 million Euros to Piraeus Bank.
On the other, PASOK reportedly has borrowed 97 million Euros from ATEbank, 22 million from Attica Bank, 10 million from Marfin and 5 million from Piraeus.
The same reports add that Peponis is investigating the circumstances under which these loans were granted to both parties and whether or not any laws were broken. Both New Democracy and PASOK are believed to have mortgaged future state funding, which all parliamentary parties receive, to obtain the loans.
Stay tuned frappers, this one should be interesting.
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