The investigation into the misappropriation of over 73 million euros in funds has extended to relatives of those involved, as authorities continue to examine the roles of various individuals and companies in the case.
The Greek Anti-Money Laundering Authority is intensifying its investigation into the case involving Yiannis Panagopoulos, the president of the General Confederation of Greek Workers (GCW), concerning the embezzlement of significant funds from public and EU sources. The total amount at stake exceeds 73 million euros and includes various individuals who played vital roles in approving and disbursing funds that were allocated for seven educational and training programs.
Authorities are not only investigating Panagopoulos but also extending their scrutiny to six additional individuals and six companies that are suspected to be connected to similar programs. These investigations are seen as crucial, as they delve into the network of relationships and activities that facilitated the alleged financial irregularities. Furthermore, smaller companies associated with the implicated programs may also come under the microscope.
As the case proceeds, the findings from the Anti-Money Laundering Authority have already been forwarded to the Financial Prosecutor, who will take over the investigation. This move signifies the seriousness of the allegations and the possibility of broader implications for those involved, as the government aims to uphold its accountability and transparency in dealing with public funds.
