Raid on ex-UBS banker ‘part of tax clam­p­down’

Kathimerini English - - Front Page -

A po­lice raid on the home of a for­mer UBS banker ear­lier this month was part of a cam­paign to bring those ac­cused of tax fraud to “jus­tice,” the govern­ment said yesterday. “This is one more case where Greek au­thor­i­ties acted me­thod­i­cally and ef­fi­ciently to hand out jus­tice,” govern­ment spokes­woman Olga Gerovasili said in a state­ment. The Fi­nan­cial Times re­vealed yesterday that on July 4 au­thor­i­ties raided the home of for­mer UBS head of in­vest­ment bank­ing in Greece, Chris­tos Sclavou­nis, re­mov­ing com­put­ers, doc­u­ments and disks. Sclavou­nis in 2013 was ap­pointed to head Greece’s bank res­cue fund, but re­signed in 2015, two months af­ter left-wing Prime Min­is­ter Alexis Tsipras first came to power pledg­ing to crack down on en­demic tax eva­sion in Greece. “The coun­try and its cit­i­zens can­not per­pet­u­ally be held hostage by cor­rup­tion,” Gerovasili said. In De­cem­ber, fi­nan­cial pros­e­cu­tors had also raided the in­vest­ment bank’s head­quar­ters in Athens.

A record num­ber of 6.07 mil­lion in­di­vid­ual in­come tax state­ments were sub­mit­ted by Mon­day’s dead­line, beat­ing last year’s fig­ure by over 70,000 dec­la­ra­tions, the fi­nal count by the Fi­nance Min­istry showed yesterday. Cor­po­ra­tions have un­til Mon­day, July 25, to sub­mit their state­ments. ago, in view of the domino of busi­ness shut­downs in re­cent months. “We con­tinue to wit­ness tragic de­vel­op­ments among busi­nesses and hon­or­able en­trepreneurs who are un­able to meet their obli­ga­tions due to the con­tin­u­ing re­ces­sion and the gen­eral and in­dis­crim­i­nate pe­nal­iza­tion of busi­ness­peo­ple and bank of­fi­cials for de­ci­sions re­gard­ing loan is­sues and debt ar­range­ments,” said the state­ment re­leased by the cham­ber. “To avoid any fur­ther ad­verse sit­u­a­tions, the Amer­i­can-Hel­lenic Cham­ber is call­ing on all par­ties in­volved, par­tic­u­larly so the govern­ment and the pub­lic ad­min­is­tra­tion which leg­is­late, to pro­ceed im­me­di­ately to the nec­es­sary reg­u­la­tion that will rapidly re­store the reg­u­la­tory frame-

Tax dec­la­ra­tions.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.