24 Mar COURT OF APPEAL CLEARS 34 IN PROTON BANK TRIAL
Posted at 15:55h in News
The Court of Appeal Athens sitting as a first instance court issued a much noted judgment after a multi-year trial hearing in what has become known as the ‘Proton Bank’ case. The highly publicised trial involved 43 individuals on charges of organised fraud, embezzlement, breach of trust and money laundering in relation to multi-million sham loans to various companies allegedly controlled by the then Proton Bank president, a former media and pharmaceuticals magnate.
The Court convicted 9 defendants for breach of trust and acquitted another 34 on all charges.
Jerina Zapanti and Ilias Anagnostopoulos advised and represented three of the acquitted individuals.