The answer of the Minister of Development to a topical question
The conclusion of the Competition Commission is expected at the end of 2022 for possible breach of competition principles by systemic banks, according to the Minister of Development & Investment Adonis Georgiadis. Answering a topical question of the SYRIZA MP Haris Mamoulakis in Parliament, entitled “Obstacles to the work of the Competition Commission in bank audits”, Mr. Georgiadis said that the Commission’s investigation, based on its usual rhythms, which meet and in the relevant international schedules, will be delivered by the end of the year.
I will institutionally wait for the conclusion of the Commission and when this is given to me I will act according to the provisions, said Mr. Georgiadis.
For his part, Mr. Mamoulakis said that the finding is crucial and called on Mr. Georgiadis to make a request to the Commission to expedite its extradition. He even noted that, just yesterday, during the briefing of the competent parliamentary committee, the Consumer Ombudsman Lefteris Zagoritis stated that for the last three years there has been an orgy with the banks and that he does not manage to collect reports and citizens ‘complaints against the banks’ practices.
In response, Mr. Georgiadis said that from the moment the Competition Commission began its investigation, a request for control by him would be considered “interference”. At the same time, he characterized the interest of SYRIZA as hypocritical, as, as he said, “for 5 years of his rule, and” despite the voices in the Constitution against bankers and moneylenders, you did not impose a single euro fine, you did not do any checks on banks. We fined them “a shit” [..] “You are good for questions, for statements, for banners, to play it revolutionary against capitalism, but when you took power, (you became) kittens” said Mr. Georgiadis.
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