Shipowner arrested for money laundering and embezzlement

Shipowner arrested for money laundering and embezzlement

 

By Christos T. Panagopoulos

Greek shipowner, Victor Restis, was arrested on Tuesday, after a warrant was published against him by the judicial authorities, with the charge of embezzlement.

According to AMNA, three more individuals are being wanted about the same case, which refers to loans given by the FB Bank to Restis’s personal companies.

He faces the charges of embezzlement and money laundering for a total amount of 500 million euros.

Source: AMNA