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Thursday, 1 November 2012 - Greek journalist calls bank list case political revenge |
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Credit: Reuters/Yorgos Karahalis By Renee Maltezou ATHENS | Thu Nov 1, 2012 10:23am EDT ATHENS (Reuters) - A journalist on trial for publishing the names of more than 2,000 wealthy Greeks with Swiss bank accounts described the case on Thursday as vengeful and politically motivated. Costas Vaxevanis faces up to two years in jail if convicted of breaking data privacy laws. The case has touched a nerve in near-bankrupt Greece, where rampant tax evasion is undermining a struggle to cut public costs and raise revenue under an EU/IMF bailout deal. His speedy arrest and trial following publication at the weekend has enraged many here, already furious over consecutive governments' failure to crack down on a rich elite while years of recession have wiped out a fifth of economic output and hammered middle-class living standards. Vaxevanis, editor of the "Hot Doc" weekly, was surrounded by fellow journalists and other supporters who packed the Athens courtroom as his lawyers began their defense. They argued the prosecution had charged him without any of those on the list having filed a complaint about privacy violation, a rare occurrence in a freedom of speech or defamation case in Greece. Vaxevanis called the trial "targeted and vengeful". "There isn't the slightest bit of evidence to support the charges," he told Reuters during a recess. "Obviously there are political motives. You see most of the names on the list are friends of the political system." He has said an anonymous source gave him the so-called "Lagarde list", which International Monetary Fund head Christine Lagarde handed to authorities in several EU countries in 2010 when she was French finance minister. STOLEN LIST Another newspaper, daily Ta Nea, devoted 10 pages to publishing the 2,059 names, which include several politicians as well as many businessmen, shipping magnates, doctors, lawyers and housewives. It said the accounts had held about 2 billion euros ($2.59 billion) until 2007, but also made clear that there was no evidence any of them had broken tax evasion laws. Prime Minister Antonis Samaras's government has not commented on the accuracy of the list, which Greek officials say was stolen by a former employee of HSBC bank. Two former finance ministers have acknowledged they had copies of the list in the past. According to an EU report published last year, Greece has about 60 billion euros in unpaid taxes, an amount equal to roughly a quarter of its economy and almost a sixth of its debt. Greece has so far failed to convict any big names of tax evasion, further alienating voters from a political class that promised to force wealthy avoiders to share some of the pain of the debt crisis. "I came here to stand by Vaxevanis because I think it's unacceptable to charge someone for revealing this list and not chase those who were hiding it all those years," said Stella Vergeti, a 60-year-old dentist at the courthouse. Jim Boumelha, president of the International Federation of Journalists, came from London to testify in Vaxevanis's defense. "The whole issue is absurd. Nobody understands how someone who published a list which was almost in the public domain is being prosecuted," Boumelha told Reuters. "I think they are making a political case against him." (Writing by Michael Winfrey, Editing by Mark Trevelyan) World Greece Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) ALALAYIIIAAAA wrote:   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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