Supreme Court Prosecutor Ioannis Tentes on Monday forwarded to Parliament, a law suit filed by an Austrian economist. The lawsuit is against international bankers Goldman Sachs for allegedly exposing the eurozone to danger in 2000-2001, through credit default swaps that allowed Greece to hide the full extent of its borrowing and misrepresent the true size of its public debt.
The law suit filed in the European Union concerns a period of time when Kostas Simitis was the head of government and the “currency” swaps in question had been signed by Simitis. It claims that criminal acts of fraud were committed as a result of the deal.
The suit was sent to the first-instance public prosecutor’s office in Athens and from there to the Supreme Court, since it made allegations against former members of the Simitis government.
Legal experts noted that, regardless of the outcome of the investigation, the offences referred to in the law suit are irrevocably statute barred.
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