The problem the Greek elite have is that if they are not seen to be doing anything against the rampant corruption so prevalent amongst them it could very well end with the Guillotine for all of them.
So last week the ex-mayor of the second biggest city disappeared to jail for life for embezzling $17 million and this week it is the Greek defense minister who got 8 years jail for tax evasion and other financial malfeasance. Apparently his wife will also be convicted.
In the mean time: Members of the European commission are warned to stay low profile and make up fake stories about who they are when traveling to say Greece when lynch mobs are ready to come down on anybody they perceive as having anything to do with the Troika (IMF, WB and ECB)!
Yet again, the Greeks are coming down hard in a very un-American manner, on the body politik’s misbehavior. Following our comments last week on the life sentence for the Greek Mayor who embezzled EUR 17mm, eKatherimini reports, former Greek Defense Minister Akis Tsochatzopoulos has been sentenced to eight years in jail for failing to declare his assets properly over the last few years. While not on the same scale as the mayor’s fraud, The ex-minister failed to declare 47,000 euros of assets in 2006, 33,000 in 2007 and 20,000 in 2008. The property has been seized and Akis is not allowed an appeal but the story doesn’t end there for he also faces a separate trial for embezzlement of taxpayers’ money.
Former Defense Minister Akis Tsochatzopoulos was sentenced to eight years in jail and fined 520,000 euros on Monday.
Tsochatzopoulos appeared before a criminal appeals court in Athens charged with failing to declare his assets properly over the last few years.