Elfe

Parliament summons Anti-Money Laundering chief regarding Petsitis

Deputy Parliament Speaker Tasia Christodoulopoulou (SYRIZA) has announced that she consents to summoning Anti-Money Laundering Authority Chief Anna Zairi and the head of the Authority's investigation of the DEPA-ELFE (Hellenic Fertilizers and Chemicals) affair, who resigned in the middle of the probe, to appear before the Parliamentary Committee on Transparency.

Minister Nikos Pappas says school chum Petsitis was not working with him

With the opposition clamouring for a full investigation of the case of Manolis Petsitis, Digital Policy Minister Nikos Pappas, a schoolmate and friend of Petsitis, is now distancing himself from the erstwhile friend.

Ministers and government cadres have also distanced themselves from Petsitis declaring that the case should be exhaustively probed by the judiciary.

Probe to look into assets of suspects in DEPA-ELFE affair

Greece's anti-money laundering authority has ordered a probe into the assets and bank accounts - both local and foreign - of all parties implicated in a scandal involving the Public Gas Corporation (DEPA) and Greek Fertilizers and Chemicals (ELFE), the latter of which is owned by disgraced businessman Lavrentis Lavrentiadis.

Judicial probe launched into reports on gov't aide

An Athens prosecutor on Friday ordered a preliminary investigation into reports that a close associate of a government minister had tried to intervene so that a company owned by disgraced businessman Lavrentis Lavrentiadis could get out of paying more than 120 million euros in debts to the Public Gas Corporation (DEPA).

Sinister swap of ELFE assets at DEPA's expense

Kathimerini has seen documents from general shareholders meetings and court case evidence that point to plans to sell properties belonging to Hellenic Fertilizers and Chemicals SA (ELFE) to the Public Gas Corporation (DEPA) at a price 10 times their true value of 8.9 million euros with the aim of having equivalent debts to the energy supplier written off.