BRITISH DIRECTOR CLEARED BY COURT OF APPEAL ATHENS

 

A British director of a global fiduciary services company was cleared from charges of money laundering after a multi-month trial hearing.

The Court of Appeal Athens sitting as a first instance court delivered its judgment in this widely publicized case on February 7, 2017. Eleven out of nineteen defendants were convicted to multi-year sentences for embezzlement totalling 256 million € against various state entities and money laundering in relation to electricity power contracts.

Ilias Anagnostopoulos and Jerina Zapanti advised and represented the British director throughout pre-trial and trial proceedings.