Word: jailings
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Dates: during 1980-1989
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...charges came from George Koskotas, 34, imprisoned owner of the Bank of Crete and onetime crony of the ruling elite of the Socialist Party (PASOK). Koskotas, now a fugitive from Greece, is accused of looting his bank of more than $210 million. In jail in Massachusetts and facing extradition, Koskotas told TIME that much of the missing money was used to make regular payoffs to PASOK officials...
Only three weeks later, Koskotas says, he was summoned by Papandreou. It was apparent to Koskotas that something was wrong. Sternly the Prime Minister warned that because of the passport violation, Koskotas might have to go to jail. Eventually Papandreou declared Koskotas need not worry. But there were certain requirements. An election was coming, the Prime Minister stressed, and PASOK needed 5 billion drachmas ($33 million). Thereupon, says Koskotas, Papandreou bluntly described a much expanded plan for kicking back interest payments. Koskotas, he directed, should work out the details with Deputy Prime Minister Koutsogiorgas. Says Koskotas, sounding surprisingly disingenuous...
...jail, listening to the cassette, Koskotas heard the fright in the caller's voice. It was an echo of his own fears. Mantzouranis had an important message to pass on: Koutsogiorgas wants to be certain the prisoner knows what he is doing. "Menios says," the voice from Greece emphasized, "that George should not betray the only people who can help him now." Koskotas pondered silently and for a second felt a twinge of his old power. Then he dismissed the warning. He wanted to talk...
...exclusive interview from his jail cell in Salem, Mass., fugitive banker George Koskotas finally tells his tale of the worst political and financial scandal to hit Greece in 40 years. -- In Venezuela economic austerity measures provoke an orgy of rioting and murder. -- President Bush stumbles on the nettlesome issue of human rights during his trip to China...
...that tore apart downtown Caracas, the capital, and shattered the peace in at least 16 other cities. Government-imposed austerity measures had ignited a three-day free-for-all of rioting, looting and killing that left an estimated 300 people dead, 2,000 injured and another 2,000 in jail...