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October 29, 2012

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Greek editor arrested over list of Swiss accounts

GREEK police arrested the editor of a weekly magazine for publishing a list of over 2,000 names of wealthy Greeks who have placed money in Swiss bank accounts, police said yesterday.

The so-called "Lagarde List" - given to Greece by French authorities in 2010 with names to be probed for possible tax evasion - has been a topic of heated speculation in the Greek media. It is named after International Monetary Fund chief Christine Lagarde, who was French finance minister when the list was handed over.

The "Hot Doc" magazine published the list of 2,059 names including some well-known business and political figures on Saturday. The magazine said it had been sent the list anonymously. Authorities did not confirm if the list was authentic.

A prosecutor ordered the arrest of editor Costas Vaxevanis on Saturday for violating laws on releasing private data and he was arrested yesterday, police said. He was released pending trial after appearing before a prosecutor yesterday.

"He published a list of names without special permission and violated the law on personal data," a police official said.

"There is no proof that the persons or companies included in that list have violated the law. There is no evidence that they violated the law on tax evasion or money laundering," the official added.

The list has inspired heated discussion in near-bankrupt Greece, where public anger at politicians and the wealthy elite grows as austerity measures take a toll on the poorer sections of society.

"I did nothing other than what a journalist is obliged to do. I revealed the truth that they were hiding," he said in a video to defend his decision to publish the list.




 

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