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September 18, 2014

TT Scandal - Griveas Extradited to Greece From UK Authorities

Businessman Kyriakos Griveas and his spouse Anastasia Vatsika were extradited to Greece on Wednesday by Scotland Yard in order to stand trial for an unsecured loan scandal worth 27 million euros from the TT Hellenic Postbank in 2009.

It should be reminded that a European arrest warrant had been issued against the couple following a Greek prosecutor’s report that discovered that they were involved in that scandal.

Negotiations for the couple’s extradition had been underway for months.

The couple was detained by authorities on Wednesday evening and it is reported that they now have to appear before a Greek magistrate to discuss the felony charges against them.

They have the right to ask for time to prepare their defense.