Aegean Marine's creditors link founder to alleged fraud case

In a document submitted to the insolvency court in New York, Aegean Marine Petroleum's creditors link the company's founder, Dimitris Melissanidis, to an alleged fraud case. A spokesperson for Melissanidis denies the accusations in comments to a media.

Photo: Aegean Marine Petroleum

Creditors in struggling Greek bunker company Aegean Marine Petroleum Network link the company's founder, Dimitris Melissanidis, to the case of alleged embezzlement totaling USD 300 million, according to documents submitted to the insolvency court in New York.

Aegean has filed for insolvency under US Chapter 11. In this relation, the company's creditors are pursuing their rights to the claim for the USD 300 million which have, according to Aegean, been channeled out of the company in the alleged fraud case.

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