Word: banker
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Prime Minister always seemed to possess inside information. Papandreou, says the banker, taps the home and business telephones of such rivals as the head of the political opposition, New Democracy's Constantine Mitsotakis, and unfriendly publishers. "I know all their plans," he proudly told Koskotas...
Another time Papandreou had an unexpected idea: Koskotas should purchase the Olympiakos football team. Papandreou, according to Koskotas, wanted the banker to build up the team, so that just before the 1989 election the government would agree to build Olympiakos a new stadium, an announcement certain to be highly popular. Koskotas laid out 4 billion drachmas for the plan...
...Socialists were immersed in an election and Koskotas was determined to curry favor. Within a few months he hired as bank general manager a PASOK veteran, Panayotis Vakalis, whom he knew to be a longtime friend of Andreas Papandreou's. The connection eventually brought the young banker and the Prime Minister together. The great swindle was under...
...Koskotas traveled to Washington to attend a White House luncheon at which Vice President George Bush was the host. Secret Service agents, checking invitations, were surprised to discover that the guest from Greece was under a six-year-old federal indictment. They arrested Koskotas at his Washington hotel. The banker posted bail of $1 million. A few days later, to get home, Koskotas lied to Greek embassy officials and obtained a travel document...
...them. TIME did not disclose that it had interviewed Koskotas, but made clear that it was publishing a major story that contained serious and damaging allegations. Papandreou did address the affair in a Feb. 14 memorandum to investigators. He said he met Koskotas only three times, at the banker's initiative, between March 4, 1987, and June 30, 1988, during which the two discussed only Koskotas' business and, later, the accusations against...