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ATHENS – Greek Alternate Finance Minister Dimitris Mardas has refuted a report that he transferred 80,000 euros to a bank in Luxembourg after being appointed.

Mardas, an economics professor at Aristotle University in Thessaloniki, was named to the post by Prime Minister and Radical Left SYRIZA leader Alexis Tsipras.

The German newspaper Bild said he had made the cash transfer at the same time the government was worrying about a flight of deposits from Greek banks by depositors nervous that talks with creditors will fail and bring Greece into bankruptcy and a Eurozone exit.

Reports, which however did not reveal the name of the minister, first emerged in a Thessaloniki-based newspaper earlier in the week.

In comments made to local media on May 6, Mardas admitted that he had sent about 40,000 euros in November or December to pay for the tuition fees of his daughter, who is studying in Brussels. However, he said, no money had been sent abroad since taking up his post in January.

Mardas said he has handed his derivation of wealth (pothen esches) to the Prime Minister’s office for scrutiny.

The post Minister Denies Foreign Cash Transfer appeared first on The National Herald.

Source: The National Herald
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