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Tuesday, July 16, 2013

George Papaconstantinou,Ex-Finance Minister of Greece to be Prosecuted Monday July 15,2013


Greece's Parliament has voted that former Finance Minister George Papaconstantinou should face criminal prosecution for allegedly wiping the names of at least three relatives from a list of more than 2,000 Greeks with Swiss bank accounts


In a secret ballot late Monday, 220 deputies in the 300-seat Parliament voted in favor of the former minister being prosecuted for at least one charge, and 166 for all three. Seventeen deputies were absent.

The list of those with accounts at a Geneva branch of HSBC is known as the "Lagarde list," because it was given by Christine Lagarde, then France's finance minister, to her Greek counterpart in August 2010

However, its existence was not revealed until September 2012. Information that the list had been misplaced, copied and altered so as to exclude certain names then started coming to light, causing a major uproar

The three charges against Papaconstantinou are breach of trust, doctoring an official document and dereliction of duty. If convicted, he faces a prison sentence

Papaconstantinou served as finance minister from October 2009 to June 2011, and was finance minister when Greece negotiated its first international bailout.

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