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Court releases Greek shipowner

Greek shipowner Victor Restis has been released after spending four months in jail, though the charges against him are sustained.

Photo: /ritzau/Thomas Borberg

The Greek shipowner and businessman Victor Restis has been released after spending four months in jail. However, the charges of money laundering and embezzlement related to loans of up to 500 million euros from First Business Bank (FBBank), which was controlled by the Restis family until the Green national bank took over the bank earlier this year, are sustained.

Greek shipowner jailed on corruption charges

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