WORLD Greek shipping tycoon denies drugs charges


Greek shipping tycoon denies drugs charges


02:09, March 25, 2018


Olympiakos Piraeus president Vangelis Marinakis addresses reporters during a presentation of a new player in Piraeus, near Athens, June 24, 2011. (Photo: Reuters)

Greek shipping tycoon and the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, Vangelis Marinakis, denied any links to drug trafficking on Saturday, a day after a Greek prosecutor brought preliminary charges against him.

The prosecutor charged Marinakis with financing and storing drug substances and setting up a criminal group to traffic and sell drugs, a judiciary source said.

The 50-year old shipowner denied any wrongdoing saying that the charges were legally unfounded and accused the country’s leftist-led government of plotting against him.

The government declined to comment on the case or Marinakis’ accusations.

The case emerged four years ago when the Greek coastguard discovered a record two-tonne haul of drugs, mainly heroin, aboard a small tanker called Noor One and in a warehouse near Athens. A court has sentenced 15 people to prison in that case. 

The charges were brought against Marinakis after a preliminary investigation that looked into financial transfers related to the financing of the tanker, the judiciary source said, requesting anonymity.

Court authorities have not made any public announcements on the case, which is standard practice in the country.

An investigating magistrate against corruption is expected to look further into the case, the judiciary source said.

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