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Europe
Former Mayor of Thessaloniki sentenced to life imprisonment in Greece
2013-02-27
A court in the northern Greek city of Thessaloniki has convicted three of the city's former top officials and sentenced them to life imprisonment for embezzling 50 million euros from the municipality between 1999 and 2008.

A Thessaloniki criminal court on Wednesday ruled that the city's former mayor, Vassilis Papageorgopoulos, is guilty of embezzling almost 18 million euros from municipal coffers over the course of his two terms in office, handing him a sentence of life in prison.
What's that sentence in Euro-years: five?
Papageorgopoulos and 17 other officials stood trial for allegedly embezzling almost 52 million euros from the municipality's coffers, though the Thessaloniki court on Wednesday said that there was proof of 17.962 million euros having been misappropriated by the former mayor and his cohorts.

The Thessaloniki court on Wednesday also handed lesser guilty verdicts to the municipality's former general secretary, Michalis Lemousias, ex-cashier Panayiotis Saxonis and two more former directors of the municipality's financial services.

The other parties standing trial, including three former deputy mayors in charge of finances, were acquitted of all charges.
Posted by:tipper

#1  One hopes at least some of the missing funds will be recovered -- Greece could use a bit more of its own money at the moment.
Posted by: trailing wife   2013-02-27 14:25  

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