Former Greek bank head's Swiss accounts frozen - reports

2012-02-24 31

The Swiss authorities have reportedly frozen three bank accounts of the former head of private Greek bank Proton.

Greek businessman Lavrentis Lavrentiadis is under investigation by Greek prosecutors for alleged fraud, embezzlement and corruption involving up to 700 million euros.

Lavrentiadis vigorously denies the allegations and has accused the authorities of acting illegally.

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