The 42 persons that were found not guilty for the huge Athens stock exchange scandal in which thousands of small time investors lost all their savings, at the same time as the assets of insurance funds were looted, in order to reinforce exchange speculation, will be facing trial again.
This was the request tendered by supreme court deputy prosecutor Charalambos Vourliotis against the decision to render the accused in the first instance not guilty for the stock exchange bubble scam, fourteen years after it was committed. Mr Vourliotis is also the judiciary official that first touched the Golden Dawn case.
After studying the case, Mr Vourliotis asked for a re-opening of the case citing judicial mistakes and inadequate justification for the verdict of the judges. This means that if the supreme court approves the request, the case will be re-tried from the beginning by the Athens Appeals Tribunal that will have to judge the 42 defendants.
The 42 were let off the hook by the court, because according to the verdict at the time, the case of fraud was not established, as no evidence established that the sale price of the stock packages in question influenced their final price on the Athens Stock Exchange board at the period in question.
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