SDOE Beefs Up Inspection Of Foreign Accounts - 500 Violations So Far

Following many, MANY, months of inactivity, Greece's Financial and Economic Crime Unit (SDOE) beefed up its activities and has so far conducted 500 inspections of cases in the infamous “Lagarde list” and as expected, more than 500 cases of tax evasion/violations have already been found.

An article in To Vima, quoting SDOE director Theodoros Floratos said that SDOE has investigated about 25% of the 2,062 cases contained in the list. The report bases its facts on a recent radio interview where Floratos told Skai Radio that once the investigations wrap up he is going to submit a final report to the financial prosecution.

Floratos notes that in only 918 of the cases do the bank accounts of individuals and legal entities appear to contain funds, while in the rest of the cases the bank accounts appear empty. The director referred to the case of a dentist based in Voula who was found to have evaded taxes worth 13 million euros and revealed that the dentist appeared to have an empty bank account in the Lagarde list.

Aside from the Lagarde list, Floratos also pointed out that his two central and 13 regional SDOE agencies are inspecting lists of Greek account-holders in Luxembourg and Lichtenstein and are conducting an estimated 20,000 simultaneous audits.