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ND decries early release of disgraced energy exec under new criminal code

ND decries early release of disgraced energy exec under new criminal code

NOTICE-UPDATE

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.

Disgraced energy executive Aristeidis Floros was granted conditional release from prison on Tuesday by an Athens court that is hearing his second appeal against a conviction for embezzlement and money laundering.

Floros was convicted in 2017 over the Energa energy scam, which involved cheating the state out of millions of euros in property taxes that had been withheld from consumers’ power bills. He is also under investigation over medical documents he presented in order to secure a brief release last year and whose authenticity has been challenged.

Floros’ release on 50,000 euros bail was dictated by the new penal code introduced by the previous leftist administration, which grants embezzlers more lenient treatment.

Newly elected New Democracy decried the decision, saying that the “first negative effects of the new criminal code passed unilaterally by SYRIZA are already becoming apparent.”

“ND has made a commitment to change all the problematic articles of the new criminal code immediately,” the center-right party added in its statement.

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