Wednesday, April 17, 2013 3:54 pm
Greece: Former finance minister granted bail
The Associated Press
Court officials said Wednesday that Yannos Papantoniou's wife, Stavroula Kourakou, was also granted bail of (EURO)20,000 ($26,000).
Papantoniou served as Socialist minister of finance and national economy between 1994 and 2003. He is facing a maximum sentence of five years in prison after authorities said he failed to declare money under his wife's name in an overseas bank account.
The 63-year-old Papantoniou says the money was moved to that account from other bank accounts covered by his tax declarations.
No date for his trial has been set.