Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • What Is UPI’s ‘Pay With Mutual Fund’? All You Need To Know About This Feature | Savings and Investments News
    • Mutual funds trim small-cap bets as institutional flows chase large caps – Jefferies explains what’s driving the trend – Money News
    • Why silver ETFs are losing value and what investors can do
    • North Dakota won’t promise to spend 5% of federal health funds on tribal communities
    • Debt MFs see outflow of ₹1 lakh cr in Sep on withdrawals from liquid, money market funds
    • MFS Launches Two New Active ETFs
    • Fresh issuances in corporate bonds moderated in August: RBI
    • A Sip Of Nostalgia That Sparked A Beverage Revolution
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Greece’s Mitsotakis blocks probe into ministers over massive EU farm funds fraud – POLITICO
    Funds

    Greece’s Mitsotakis blocks probe into ministers over massive EU farm funds fraud – POLITICO

    August 5, 2025


    Illegal aid

    The EPPO dossier describes a “criminal organization” comprising officials from Greece’s agency for distributing EU subsidies, OPEKEPE, along with individuals and MPs who illegally received EU agricultural subsidies, according to officials who have viewed it. 

    In a 36-page note in English attached to the file, EPPO states that officials at OPEKEPE and the Agriculture Ministry, together with people in business, “acted in an organized manner in order to establish a system of non-controls and obtain or facilitate the receipt of illegal aid.”

    EPPO said former Agriculture Minister Lefteris Avgenakis (center) should face further legal investigation. | Olivier Hoslet/EPA

    “The extent of this fabrication of payment entitlements and the total damage to EU funds has not yet been fully assessed,” EPPO notes. “Nevertheless, at this state of play of the investigation, there are reasonable grounds to believe that it has been a large-scale scheme.”

    Even though the extent of damages has not been assessed, Brussels has ordered Greece to forfeit nearly €400 million in funding — over a fifth of the direct payments it had been due to receive next year.

    EPPO said two former agriculture ministers — Lefteris Avgenakis and Makis Voridis, who later served as state minister reporting directly to the prime minister — should face further legal investigation over the suspected misappropriation of EU funds. They both reject the claims.

    According to the dossier, the then-president of OPEKEPE, Grigoris Varras, described the problem with the fake pastureland in two letters to Voridis in 2020. He was forced to resign by Voridis, who remained in government until this June when he too resigned after the EPPO submitted its dossier to parliament.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    North Dakota won’t promise to spend 5% of federal health funds on tribal communities

    October 22, 2025

    Debt MFs see outflow of ₹1 lk cr in Sept on withdrawals from liquid, money market funds

    October 22, 2025

    Debt MFs witness ₹1 lakh cr outflow in September on withdrawals from liquid, money market funds

    October 22, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    North Dakota won’t promise to spend 5% of federal health funds on tribal communities

    October 22, 2025

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    What Is UPI’s ‘Pay With Mutual Fund’? All You Need To Know About This Feature | Savings and Investments News

    October 22, 2025

    Last Updated:October 22, 2025, 15:15 ISTICICI Prudential Mutual Fund and Bajaj Finserv AMC now let…

    Mutual funds trim small-cap bets as institutional flows chase large caps – Jefferies explains what’s driving the trend – Money News

    October 22, 2025

    Why silver ETFs are losing value and what investors can do

    October 22, 2025

    North Dakota won’t promise to spend 5% of federal health funds on tribal communities

    October 22, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Somerset person nets £100,000 in August premium bonds

    August 7, 2025

    Ludacris’ Alaska glacier melt sip is safe, says scientist

    August 29, 2024

    CITs Topple Mutual Funds as Most Popular Target-Date Vehicle

    August 9, 2024
    Our Picks

    What Is UPI’s ‘Pay With Mutual Fund’? All You Need To Know About This Feature | Savings and Investments News

    October 22, 2025

    Mutual funds trim small-cap bets as institutional flows chase large caps – Jefferies explains what’s driving the trend – Money News

    October 22, 2025

    Why silver ETFs are losing value and what investors can do

    October 22, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.