The CEO of Greece’s postal service (EL.TA) was the latest political “casualty” on Tuesday, in the wake of a revelation that a deputy with ruling New Democracy (ND) purchased a tranche of NPLs – at 1/15 of their nominal value – for 4.3 million euros.
Hours after the news broke, and was confirmed, the ruling party expelled MP Andreas Patsis, who is elected from the single-deputy constituency of Grevena, a prefecture in northwest Greece. In close order, appointed EL.TA executive Giorgos Konstantopoulos tendered his resignation after media reports in the Greek capital on Tuesday buzzed with allegations that EL.TA’s management had doled out one million euros to Patsis for “legal advice” and representation.
Earlier, a spokesman for main opposition SYRIZA party had accused the now independent deputy of benefiting from directly assigned contracts by the post office. The spokesman, Nasos Iliopoulos, also charged that the Patsis’ statement of means declaration – obligatory for office-holders in the country – in no way justifies capital of 4.3 million euros, used to buy the tranche of NPLs.
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