Athens – Police in Greece have seized hundreds of thousands of euros of accounts belonging to the country’s largest lender, the national bank and the countrys largest private bank, the state-owned ANA, Reuters news agency reported.
Greek authorities said they had confiscated more than 30,000 bank accounts from the lenders and the other banks linked to the case.
ANA is one of Greece’s biggest lenders, having lent more than $2.5 billion to Greece’s struggling economy.
The government has said the funds are linked to money laundering.
ANa and other banks were seized after a search in Athens in the early hours of Sunday.
ANAs chief executive, Nikolaos Michalakis, said the bank would have to pay €8 million ($11.6 million) in legal fees, but that it was not yet clear whether any of the funds would be transferred to creditors.
“We are working to transfer the funds to creditors,” he said.
Greek Prime Minister Antonis Samaras, who took office in November, has pledged to bring back money lenders have taken from the Greek people to fund the country.