Greek authorities charge 25 over bank business loansJanuary 9, 2014 - 17:51 AMT PanARMENIAN.Net - Greek authorities have charged 25 people and arrested three following an investigation into allegedly inadequately secured loans from the former Hellenic Postbank to local businessmen, the Associated Press reports. Judicial officials said Thursday, Jan 9, two former bank officials and the owner of private Alpha TV station have been arrested on criminal charges including fraud and money laundering. A total 25 people — including former top bank executives — have been charged over the loans, which allegedly resulted in 500 million-euro losses for the Greek bank. Hellenic Postbank was merged last year with Greece's Eurobank under a program to restructure the financially struggling country's banking sector. Police said the arrests were made late Wednesday. The media owner was not taken into custody as he was undergoing treatment in a hospital where he remains under guard. Related links: Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. India wants Armenia’s proposals on use of Chabahar port India is expecting proposals from Armenia regarding the use of Chabahar port in Iran, Indian ambassador says. EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process. Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh. |