The trial of the Energa – Hellas Power is scheduled to begin tomorrow, with 19 people facing felony charges of embezzling from the State, illicit trade and money laundry.
By making this move, the legal representatives of the companies clarify that they agree to payment of the Greek government and municipal claims. The government is claiming property and consumption taxes, while the municipal claims relate to local taxes.
The five main defendants – Aristides Floros, Achilleas Floros, Vasilis Milionis, Stefanos Siafakas and Nikos Dekolis – are attempting to return 103 million euros to the State, in order to receive favorable penal treatment.
Of this sum, 52 million euros would go directly to the State, 29 would go towards municipal authorities and the remainder would go towards the debts with electricity market operator LAGIE and independent power transmission operator ADMIE.
The total damages suffered by the State from the major scandal have been estimated at 257 million euros. The two power companies are accused of embezzling the emergency real estate tax which they collected on behalf of the State power company DEI.
