General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
ATHENS – The long-running scandal around Greece's jewelry and accessory maker Folli Follie now has seen Charalambos Gotsis, former chairman of the Hellenic Capital Market Commission, was charged with breach of duty.
A prosecutor accused him in connection with the 2018 embezzlement case against the company after he allowed its shares to be traded for 21 days before deciding on their suspension to protect shareholders.
That was despite the revelation of wrongdoing that was cited earlier by the American fund Quintessential Capital Management (QCM) which revealed the financial problems the company was facing and money mismanagement.
Prosecutor Spyros Pappas, who is handling the case, also referred to trial ex-chief executive Tzortzis Koutsolioutsos, son of company founder Dimitris Koutsolioutsos, and security director Nikolaos Sakos for moral instigation, said Kathimerini.
An audit report by PricewaterhouseCoopers published in December 2020 showed that the company’s major shareholders, the Koutsolioutsos family, conducted a massive fraud scheme for at least 17 years.
That was carried out under what was supposed to be surveillance from the capital markets commission, the company management siphoning off hundreds of millions of euros and getting away with it without prosecution.
In an email included in an audit report between the Folli Follie executives, Gotsis was said to have tried to cover up his alleged mismanagement, giving instructions to make it seem like he was doing his job, the report also said.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.
On Monday, April 22, 2024, history was being written in a Manhattan courtroom.
PARIS - With heavy security set for the 2024 Paris Olympic Games during a time of terrorism, France has asked to use a Greek air defense system as well although talks are said to have been going on for months.
PARIS (AP) — Paris has a new king of the crusty baguette.
WASHINGTON (AP) — A tiny Philip Morris product called Zyn has been making big headlines, sparking debate about whether new nicotine-based alternatives intended for adults may be catching on with underage teens and adolescents.