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Europe
Corruption Continues Virtually Unchecked in Greece
2012-10-17
While Athens waits for more aid from the European Union, the country continues to be administered in the same old careless manner. Corrupt politicians and the rich continue to help themselves to Greece's funds, and little is being done about it.

How can someone who has declared an annual income of €25,000 ($32,400) transfer €52 million abroad? What kind of supplementary income must an individual have who, according to his tax returns, earned €5,588 in 2010, yet still managed to move €19.8 million abroad? And how can it be that a Greek citizen sequesters €9.7 million abroad although he supposedly earned exactly zero euros?

These are the questions that tax fraud investigators will have to ask of a number of individuals whose identity has so far only been made public in the form of initials. For instance, a "G. D." stands at the top of a list with the names of 54,000 Greek citizens who relocated major assets abroad between 2009 and 2011. The list stems from the Greek central bank and is now in the hands of the Finance Ministry.
Posted by:tipper

#4  Spusoth Spawn of the Visigoths8075, Hello!. I do the same to get the feel for a people. So much hatred for others abounds. They say they hate Americans but I believe they hate their neighbors more. I know the Arab world is normally a payoff situation to do any business. We know China has massive corruption. I am saying that in the rest of the world this is how things are done. People fear Putin but the leadership now has it made. Many are getting wealthy that are connected. They all want this to continue everywhere.
Posted by: Dale   2012-10-17 21:18  

#3  A few months ago I googled "greece blog" and then used a translation tool to read the blogs. Political corruption in the form of Socialism is Obama Admin on steroids in Greece per the complaining that you read on those blogs.
Posted by: Spusoth Spawn of the Visigoths8075   2012-10-17 17:16  

#2  Tax evasion & corruption in Greece = standing headline.
Posted by: Raj   2012-10-17 10:54  

#1  How can someone who has declared an annual income of €25,000 ($32,400) transfer €52 million abroad?

To fully understand this intriguing dynamic, one must only examine the template of Illinois politics.
Posted by: Besoeker   2012-10-17 06:16  

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