Greece: FinMin Stournaras forces TAIPED chief out

19 August, 09:27

    (ANSAmed) - ATHENS, AUGUST 19 - Greek Finance Minister Yannis Stournaras yesterday forced the resignation of the head of the Hellenic Republic Asset Development Fund (TAIPED) Stelios Stavridis, who is overseeing a lagging privatization effort that has been a major disappointment in raising revenues. According to the newspaper Proto Thema, Stavridis came to TAIPED headquarters on August 12 to sign the contract of sale of the 33% of the gambling monopoly OPAP on the private jet of the well-known Greek businessman Dimitris Melissanidis, a shareholder in the Greek-Czech consortium Emma Delta that bought OPAP. The contract was signed in presence of Stournaras.

    Stavridis then left again with Melissanidis to continue his holidays in Kefalonia. Melissanidis, nicknamed the Tiger, is a Greek business magnate who is a member of the Forbes list of the world's 500 richest people. There was no explanation as to whether there was a feeling of conflict of interest with Stavridis flying in the jet of the man buying OPAP, as GreekReporter website notes. (ANSAmed).

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