The Best of GRReporter
flag_bg flag_gr flag_gb

SYRIZA deputies with investments in hedge funds

17 December 2013 / 16:12:12  GRReporter
6572 reads

Anna Dallara is not a member of this parliament either but in 2011, when she was a deputy minister in the government of George Papandreou, she declared 48 properties, shares of over €1.5 million and a 10-metre yacht.

At the same time, it seems that two current deputies of SYRIZA were on the verge of poverty in 2011. Eugenia Vamvaka submitted a zero asset declaration and Panagiota Dritseli declared zero income and bank deposits of €10,000.

At the same time, an interesting fact is the change in the asset declarations of

- Former Prime Minister George Papandreou, who declared an increase of €180,000 in one year. His associates state that the money belonged to his wife who had obtained it from her mother.

- Former Prime Minister Costas Karamanlis who lost €160,000 due to the haircut of Greece’s debt.

- Current Deputy Minister of Finance Notis Mitarakis who, against €1,319,023.92, had bought a property with a total area of 139 square metres in London in 2010.

Left-wingers with "right-winged" pockets

The most interesting asset declaration which is raising a lot of questions belongs to SYRIZA deputy Dimitris Tsoukalas whose bank deposits amounted to €1,071,000. According to him, he had received €650,000 and €350,000 as a lump sum benefit upon retirement. The fuss about the record high amount has made him issue a message stating that, in 2010, upon retirement from the Dutch bank ABN AMRO where he had worked for 35 years, he had received one million euro on the basis of an insurance contract entered into by the Bank for all its employees. The message has however failed to explain all the details. It is worth noting that Tsoukalas is a long-time trade unionist and former chairman of the federation of unions of bank employees in Greece.

His fellow party member Nadia Valavani declared deposits of £363,879 and €452,930. George Statakis, who is responsible for economic affairs in SYRIZA, declared deposits to the amount of €300,000 and $200,000, and investments in bonds to the amount of €350,000. He and his colleague Euklidis Tsakalotos (also from SYRIZA) invested in foreign hedge funds, such as BlackRock Global Funds, JP Morgan and others.

 

Tags: PoliticsAsset declarationsPolitical leadersDeputiesBank depositsPropertiesShares
SUPPORT US!
GRReporter’s content is brought to you for free 7 days a week by a team of highly professional journalists, translators, photographers, operators, software developers, designers. If you like and follow our work, consider whether you could support us financially with an amount at your choice.
Subscription
You can support us only once as well.
blog comments powered by Disqus