Shipowner arrested over alleged dodgy loans

Greek shipowner Victor Restis was arrested on Tuesday on suspicion of money laundering and embezzlement, police and court officials said.Restis, who owns a shipping fleet and has a stake in a Greek newspaper among other media holdings, is accused of using his influence over the First Business Bank (FBB) to secure loans and funds of up to about 500 million euros for people and companies with whom ...

READ THE ORIGINAL POST AT www.greekherald.com