Former Greek Government Minister Giannos Papantoniou to be Released From Prison

Former Greek minister Giannos Papantoniou. File photo

Former prominent Greek politician and government minister Giannos Papantoniou is set to be released from prison after spending seventeen months incarcerated there.

Papantoniou was found guilty of money laundering, a charge that he continues to deny.

The Judicial Council of the Athens Misdemeanor Court had already accepted his release on parole; however, Papantoniou did not have the necessary €150,000 to pay so that he could be released on bail.

On Tuesday, the judicial authorities accepted Papantoniou’s plea that he would pay the money by July 1, so the former government minister is set to be released as early as today.

Papantoniou is not allowed to exit the country and must present himself at his neighborhood’s police department on a regular basis after his release.

The veteran Greek politician was a member of the Greek Parliament for a total of 19 years. He served as Minister of National Defense between 2001 and 2003 and Minister of Economy and Finance from 1994 until 2001.