Financial Mirror (Cyprus)

Greek prosecutor says former Elstat boss ‘guilty’

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A prosecutor said on Monday that the former head of Greece’s statistica­l office was found guilty as he did not consult fellow board members about the much-discussed revised 2009 deficit figures. The prosecutor also said he was an employee of the IMF at the same time.

Criminal charges were brought against Andreas Georgiou in 2013 after employees at Greece’s statistics agency, Elstat, accused him and other officials from the agency of artificial­ly inflating Greek budget figures when the country requested a bailout in 2009.

According to the prosecutor, Georgiou was working simultaneo­usly for several months (from August to November 2010) as head of Elstat, but also as an employee of the Internatio­nal Monetary Fund. He resigned from Elstat in August 2015. Georgiou is also accused of failing to call the Elstat’s Board of Directors, which means, according to the prosecutor, that the decision to assess the revised 2009 deficit figures has been made without the agreement board.

“He wanted to turn Elstat into a one man’s authority,” the prosecutor said, adding that all this happened at the “most important moment historical­ly since the founding of Elstat”.

Kathimerin­i reported that Supreme Court Prosecutor Xeni Dimitriou earlier in July month ordered the reopening of a case against Georgiou, after a Council of Appeals Court judges ruled for a second time that he should not face charges.

It was the second time that the country’s top prosecutor overturned an earlier ruling in favour of Georgiou, in a case that has become a touchstone for relations between Greece and its creditors.

Last week, Commission spokespers­on Margaritis Schinas said that the executive did not comment on judicial proceeding­s in member states; however, he added that the Commission had clearly stated its views on the reliabilit­y and accuracy of the agency’s data over the period 2010-2015.

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