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Head of Greece's privatization fund dismissed

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AP Athens
Greek officials say the head of the country's privatization fund has been dismissed after he allegedly violated ethics rules.

Stelios Stavridis was fired by the finance minister after Greek media reported he had used a businessman's private plane to attend the signing of a deal selling a controlling stake in betting firm OPAP to a consortium led by that businessman.

A Finance Ministry spokesman yesterday said on condition of anonymity that Stavridis was fired by Finance Minister Yannis Stournaras following the media reports. Stavridis denied he had done anything wrong.

Stavridis signed the sale of a 33 percent stake in OPAP to Emma Delta, a Greek-Czech consortium, for USD 869 million. Businessman Dimitris Melissanidis signed on behalf of Emma Delta. Stournaras also attended the August 12 signing.

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First Published: Aug 19 2013 | 3:20 AM IST

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