Greek authorities have arrested the head of the state-controlled horseracing company on charges that the corporation evaded taxes and owed debts of €83 million to the state.
The detention on Wednesday of Alexandros Zaharis, head of the Horseracing Organization of Greece SA., or ODIE, is the latest of several arrests for debts to the state in the near-bankrupt country.
However, it is the first involving an official from a company in the broader state sector.
A police official confirmed Zaharis’ arrest on condition of anonymity in line with police rules. Police say ODIE failed to pay the state some €277,000 in withheld taxes on profits and a further €741,000 in other dues between January and May 2011.
(source: AP)
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