By Panagiotis Stathis
In addition to a civil lawsuit, the process of appealing the 10 accused for serious crimes through her presence, the court took the company Folli Follie, in the lawsuit for a financial scandal that exceeds an estimated loss of 400 million euros.
The court accepted the objection submitted by the defense as a whole, noting that the company has not suffered from the falsified financial balance sheets and the manipulation of the share, but instead the profits – according to the indictment – ended up for the most part in its own funds. the company’s.
The Greek Investors Association, mutual fund management companies, the Chinese Fosan Group and some small shareholders were also expelled from the lawsuit. On the other hand, representation rights as a civil lawsuit were recognized in the Hellenic Capital Market Commission, Piraeus Bank, EFKA, EOPPY, Alpha Bank, the Superfund and some investors.
It is noted that only for the Hellenic Capital Market Commission (due to the manipulation of the share) and Alpha Bank (due to the false statements), no objection was submitted by the defense of the three members of the Koutsolioutsos family.
However, the prosecutor of the headquarters had suggested that all those who filed a civil lawsuit except the Chinese group Fosan appear, but his proposal was not fully accepted.
The next meetings are expected to continue with the submission of objections, while at the same time, in mid-March, the 18 months of the temporary detention of Dimitris and George Koutsolioutsos expire.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
