Yannis Panagopoulos Investigated for Money Laundering Over €2M

Greek labor union leader and GSEE President Yannis Panagopoulos is under investigation by Greece’s Anti-Money Laundering Authority for embezzlement exceeding €2 million. According to newsit.gr, six additional individuals are also under scrutiny in connection with the alleged misappropriation of over €73 million in public and EU funds earmarked for seven vocational training and education programs. While total funding over six years amounted to €73 million, the probe focuses specifically on €2 million allegedly embezzled. The suspects include representatives of companies named in the Authority’s report—firms that received EU and national funds for GSEE’s training initiatives. Panagopoulos faces two felony charges: embezzlement and money laundering. His bank accounts—as well as those of the six individuals and six companies involved—have been frozen, along with two properties. The Authority’s report has been submitted to Athens’ First Instance Prosecutor’s Office for further investigation. Panagopoulos denies all allegations, calling the case politically motivated, and was recently expelled from PASOK.