Former power company executive released from prison
NOTICE- UPDATE
Εκathimerini.com, complying with the general principles of the General Data Protection Regulation (EU) 2016/679 (GDPR) and Law 4624/2019, and taking into account the principles of proportionality and data accuracy, as well as the extrajudicial complaint submitted by Mr Aristidis Floros on 23.07.2024, who provided additional details to support his request, informs its readers that, pursuant to Supreme Court of Greece Decision No. 575/2024, which adjudicated the case according to Articles 528-529 of the Code of Criminal Procedure, all individuals involved and accused in the Energa-Hellas Power case, including Mr Aristidis Floros, have been declared innocent of the charges brought against them for the acts of embezzlement, smuggling, and money laundering committed jointly and repeatedly.
A former power firm executive who was convicted for his involvement in an embezzlement scam has been released from jail.
Aris Floros is said to have been released from Halkida prison on health grounds. Reports say that the former businessman has been diagnosed with a disability rate of over 67 percent due to epileptic seizures.
The criminal code allows for the release of prisoners with over 67 percent disability if they have served a fifth of their sentence.
In February 2017, Floros was convicted of embezzlement, smuggling and money laundering.
Floros was the managing director of Energa, which, along with another power company, Hellas Power, withheld more than 100 million euros from the Greek state through a special property tax levied via electricity bills.
The companies collected the levies between September 2011 and November 2012 but subsequently failed to hand the money over to the state.
