MP and 18 oth­ers charged over loan guar­an­tee

Kathimerini English - - Front Page -

New Democ­racy MP Costas Kon­to­ge­or­gos in­sisted yes­ter­day that he has no in­ten­tion of re­sign­ing af­ter it was re­vealed that he and 18 for­mer mem­bers of Evry­ta­nia’s pre­fec­tural coun­cil are to face charges of breach of duty in con­nec­tion to a guar­an­tee that the lo­cal au­thor­ity pro­vided in 2007 for a 4.7-mil­lion-euro loan taken out by a pri­vate com­pany. Kon­to­ge­or­gos, who was the pre­fect of Evry­ta­nia in cen­tral Greece at the time, in­sisted that he had done noth­ing wrong and had no in­ten­tion of re­sign­ing from his post in Par­lia­ment. “I did my duty,” he told Star TV, un­der­lin­ing that he had asked for his par­lia­men­tary im­mu­nity to be lifted dur­ing the four-year in­ves­ti­ga­tion so he could re­spond to the charges. The sus­pects are ac­cused of wrong­fully agree­ing for the pre­fec­ture to act as guar­an­tor for the com­pany, which was set up by the lo­cal au­thor­ity but in which a num­ber of other com­pa­nies, ap­par­ently shell firms, were share­hold­ers. The com­pany de­faulted on its loan and the Re­gional Au­thor­ity for Cen­tral Greece, which suc­ceeded the pre­vi­ous body when pre­fec­tures were merged in 2010, has to pay the loan in­stall­ments.

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