Greece’s Anti-Money Laundering Authority has continued its investigation into GSEE president Giannis Panagopoulos, as authorities examine allegations of embezzlement involving more than €73 million in state and European Union funding.
Investigators said the funds supported seven education and training programmes, but they now suspect individuals diverted the money through a network of people and companies.
The authority, led by former Supreme Court deputy prosecutor Charalambos Vourliotis, has expanded its inquiry to close relatives of those already implicated. Investigators will also examine smaller companies that allegedly had links to similar or related training programmes.
At the same time, the authority has widened the scope of the investigation to include individuals who played key roles in approving the programmes and authorising the release of the funds.
Authorities have linked six additional individuals and six companies to the case alongside Panagopoulos.
The Anti-Money Laundering Authority has already sent its findings to Greece’s Financial Prosecutor, who has taken over the criminal investigation.
