Tuesday , July 23 2024
Home / Tag Archives: frozen assets

Tag Archives: frozen assets

Penal Code amendments protect bankers, suspects of money-laundering

The latest Penal Code amendments grant bank executives immunity for bad loans and returns to suspects of money-laundering their frozen assets. Bank executives accused of breach of trust are protected from the independent intervention by a prosecutor, and people suspected of criminal fraud and money-laundering will see their frozen assets …

Read More »

Council of State: SDOE freezing assets? Against Constitution…

The Council of State, Greece’s highest administrative court, has deemed unconstitutional a law allowing the Financial Crimes Squad, known as SDOE, to freeze bank accounts, shares and properties of suspects linked to cases of large-scale tax evasion, smuggling and other financial crimes. The court further ruled that the law was …

Read More »