Judicial council orders freeze on bank accounts of FF group’s primary owners, board members

10 October 2018
44 Views

An Athens council of first instance justices on Tuesday ordered the freezing of banks accounts and safe deposit boxes controlled by members of the Koutsolioutsou family, the majority owners and up-until-recently the top executives of troubled Folli Follie group.

The council’s members convened after a request by an economic crimes prosector, who is leading an investigation into the multinational retailer and accessory maker’s balance sheets and financial results after allegations of market manipulation were submitted by Greece’s capital markets commission.

According to press reports, domestic credit institutions and brokerage firms have received the judicial order.

You may be interested

Santorini volcano explosion dates changed: Piece of olive tree found on Thirasia changes everything
GREECE
shares27 views
GREECE
shares27 views

Santorini volcano explosion dates changed: Piece of olive tree found on Thirasia changes everything

makis - Oct 22, 2018

The dating of a piece of olive tree found on Thirasia will move the dating of the eruption of Santorini’s…

ELSTAT: The Greek debt is 176,1% of GDP…
FINANCE
shares26 views
FINANCE
shares26 views

ELSTAT: The Greek debt is 176,1% of GDP…

makis - Oct 22, 2018

The primary surplus of 2017 is marginally lower, according to ELSTAT’s latest data. ELSTAT revised the primary surplus of 2017…

Folegandros: Images of an undiscovered gem
GREECE
shares575 views
GREECE
shares575 views

Folegandros: Images of an undiscovered gem

Panos - Oct 22, 2018

Shining under the Aegean sun, Folégandros was named after the son of King Minos. This off-the-beaten-path destination captivates the visitors…

Leave a Comment

Your email address will not be published.