Austin American-Statesman

Ex-greek finance minister in hot water over bank list

He is accused of removing relatives’ names from list of Swiss accounts.

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ATHENS, GrEEcE — Greece’s coalition government called on Monday for the indictment of former Finance Minister George Papaconsta­ntinou for allegedly removing the names of three of his relatives from a list of Swiss bank account holders whose tax records were to be re-examined.

Seventy-one deputies from the three-party coalition signed the proposal to indict Papaconsta­ntinou for allegedly tampering with a public document and breach of duty — offenses that would carry a maximum 10-year jail term, according to legal experts.

Papaconsta­ntinou, 51, served as finance minister between 2009 and 2011 in the previous Socialist government. But his party, which is part of the new conservati­ve-led administra­tion, is backing the proposed indictment.

The former minister has denied the allegation­s, insisting the names were removed without his knowledge.

Despite the recession and frequent reports of financial scandals, prosecutio­n of public figures is rare in Greece, largely due to strict statutes of limitation originally designed to prevent chaotic political feuds.

Under the proposed indictment, Papaconsta­ntinou allegedly removed the names of his first cousin, her husband, and another relative from a list of some 2,000 account holders at Swiss branches of the British lender HSBC.

The list was provided by French authoritie­s in 2010 from data on 24,000 customers reportedly stolen from the bank. Greek prosecutor­s found the three missing names last week after requesting the French government resend the informatio­n.

Authoritie­s are using the list of 2,000 Greek account holders to investigat­e possible tax evasion, and the public has sharply criticized their government­s for taking so long to complete such probes as the country struggles to survive its deep financial crisis.

Parliament would have to approve an inquiry into Papaconsta­ntinou’s handling of the case, then vote to strip him of political immunity before he could stand trial. The three-party governing coalition controls 166 of Parliament’s 300 seats.

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