1. Wealth
July 19, 2013

NYT: Greek former finance minister indicted over Lagarde List

By Spear's

In a secret ballot that followed a contentious debate, a majority of lawmakers in Greece’s 300-seat Parliament said that Mr. Papaconstantinou should stand trial on three charges

ATHENS — Greek lawmakers voted early Tuesday in favor of indicting former Finance Minister George Papaconstantinou over the way he handled a list of more than 2,000 Greeks with Swiss bank accounts, a possible source of much-needed tax revenue that was never exploited by the authorities.

Read more on the Lagarde List

In a secret ballot that followed a contentious debate, a majority of lawmakers in Greece’s 300-seat Parliament said that Mr. Papaconstantinou should stand trial on three charges: breach of trust, tampering with an official document and breach of duty.

The votes lifted Mr. Papaconstantinou’s immunity from prosecution for the time he was a cabinet minister. A council of judges will now decide whether he should face the criminal charges outlined in Parliament.

Read the full story here

Read more on tax avoidance from Spear’s

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