Pros­e­cu­tor to ex­am­ine fund­ing of ND, PASOK

Kathimerini English - - Front Page -

Fi­nan­cial pros­e­cu­tor Grig­oris Pe­po­nis is to in­vite of­fi­cials from New Democ­racy and PASOK to give ex­pla­na­tions about large loans the two par­ties re­ceived from sev­eral banks as part of a probe into po­lit­i­cal fund­ing.

Kathimerini un­der­stands that Pe­po­nis has asked of­fi­cials from the two par­ties to an­swer ques­tions on Fe­bru­ary 18 with re­gard to com­bined debts of some 250 mil­lion eu­ros to banks. New Democ­racy re­port­edly owes some 105 mil­lion eu­ros to ATEbank and 15 mil­lion eu­ros to Pi­raeus Bank. PASOK re­port­edly has bor­rowed 97 mil­lion eu­ros from ATEbank, 22 mil­lion from At­tica Bank, 10 mil­lion from Marfin and 5 mil­lion from Pi­raeus.

Pe­po­nis is in­ves­ti­gat­ing the cir­cum­stances un­der which th­ese loans were granted and whether any laws were bro­ken. Both par­ties are thought to have mort­gaged fu­ture state fund­ing, which all par­lia­men­tary par­ties re­ceive, to ob­tain the loans.

Pe­po­nis’s move comes as PASOK leader Evan­ge­los Venize­los plans to make bet­ter fi­nan­cial man­age­ment within his party one of the main themes for the So­cial­ists’ congress, due to take place at the end of the month.

Venize­los pro­poses cre­at­ing a five-mem­ber fi­nan­cial over­sight panel to deal with PASOK’s dire fi­nances. He has also sug­gested post­ing all of the party’s in­come and ex­penses on­line, with rev­enues coming from party mem­ber­ship and func­tions and state fund­ing.

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