Competition watchdog “raids” offices of 4 systemic Greek banks

8 November 2019
370 Views

Special units from the Hellenic Competition Commission conducted a surprise audit at the headquarters of the four Greek systemic banks.

The members of the task forces (10 per each unit) reportedly appeared unexpectedly at the offices of NBG, Eurobank, Alpha and Piraeus Banks at 9 am on Thursday and asked the banking personnel and executives to leave their offices without touching anything.

Some of the audits at offices of higher banking executives have been completed, while the units are continuing their checks in other offices.

The reasons for the sudden audit are believed to be linked to the banks’ commissioning policy. Information indicates that the “raid” is associated with an extrajudicial prosecution conducted in the summer for similar practices.

The Minister of Development Adonis Georgiadis said he had heard from the market that three of the four banks had colluded to fix their commission rates.

You may be interested

Pakistani gang leader arrested by Greek police
GREECE
shares50 views
GREECE
shares50 views

Pakistani gang leader arrested by Greek police

makis - Nov 27, 2020

The Pakistani leader of a gang, whose knife-wielding members broke into an apartment in Kaminia last Saturday and slaughtered a…

These blood types have a lower risk of contracting Covid-19
HEALTH
shares42 views
HEALTH
shares42 views

These blood types have a lower risk of contracting Covid-19

Panos - Nov 27, 2020

New research adds to the growing body of evidence that people with blood type ‘O’ may have a lower risk…

Former New York Times reporter blasts Amazon for censorship over Covid-19 masks
WORLD
shares62 views
WORLD
shares62 views

Former New York Times reporter blasts Amazon for censorship over Covid-19 masks

Panos - Nov 27, 2020

Former New York Times reporter Alex Berenson has slammed Amazon for attempted ‘censorship’ after the company backed down from its…

Leave a Comment

Your email address will not be published.