The case against Yannis Panagopoulos, president of the General Confederation of Greek Workers (GSEE), over alleged violations of Greece’s asset declaration laws has been closed, with prosecutors finding no evidence of wrongdoing.
The investigation was launched by Greece’s anti-money laundering authority and focused on so-called “pothen esches” declarations — mandatory disclosures of income and assets — covering the period from 2020 to 2025. Authorities had examined whether large sums had gone undeclared.
Following a preliminary inquiry, Panagopoulos submitted written explanations addressing the allegations. After reviewing the evidence, the prosecutor concluded there were no indications of a criminal offense. The decision will now go to a senior prosecutor for review.
Other Probes Ongoing
Investigations involving two other individuals over allegedly inaccurate or incomplete asset declarations are still underway, with separate case files opened for each.
Meanwhile, a broader probe led by a financial prosecutor into the alleged misappropriation of public and European Union funds remains ongoing. The investigation concerns training programs linked to entities affiliated with GSEE.
According to findings cited by authorities, funds for large-scale vocational training programs were allegedly allocated to specific companies either through direct assignments or competitive tenders.
Panagopoulos Pushes Back
In a written statement, Panagopoulos said the decision confirms that there is no evidence supporting claims of wrongdoing.
“This development officially confirms that no elements were found to substantiate any violation and, therefore, there is no reason for further criminal investigation,” he said.
He added that the case — widely discussed in recent weeks as a “serious allegation” and “major scandal” — ultimately proved unfounded. Panagopoulos also criticized the public debate surrounding the investigation, saying it was fueled by leaks and speculation before the legal process had been completed.
The union leader raised concerns about the timing of the allegations, noting that they emerged during parliamentary discussions on restoring collective labor agreements — a key issue for Greek workers and a central priority for GSEE. He suggested the timing raises questions about whether the case was used to shift attention away from labor reforms.
Panagopoulos also stressed that independent authorities should operate with neutrality and transparency, rather than through leaks that could shape public perception prematurely.
“Trust in Justice”
Despite his criticism, Panagopoulos expressed confidence in Greece’s judicial system and said he would continue his work representing workers. He also pledged to pursue legal action to examine how the allegations were made public and to protect both his reputation and the institutional role he holds.
“At the end of the day, what is at stake is not one individual, but the strength and voice of labor,” he said.
