Pizza Fan is moving closer to reopening its stores after Greece’s anti-money laundering authority approved the release of two of the company’s bank accounts, paving the way for the settlement of outstanding payments and the resumption of operations.
The decision was issued by Charalampos Vourliotis, president of the Authority for Combating Money Laundering.
The authority said its decision was guided by the need to speed up procedures and safeguard the company’s business continuity. It is expected to benefit more than 2,000 employees, who had been left unpaid following the emergence of the case and the pretrial detention of the company’s owner.
The move is also expected to ease pressure on businesses and other activities dependent on the pizza chain’s operations.
Funds released to cover wages and outstanding debts
Under the new order, two company bank accounts have been unfrozen to cover not only unpaid wages but also a broader range of outstanding financial obligations.
The company’s payroll accounts had already been exempted from the initial freeze on its banking assets. The latest decision releases additional accounts so that the business can settle payments to suppliers, employer social security contributions, loan obligations and debts to the state.
Meanwhile, the criminal investigation into the case remains ongoing, with the competent authorities continuing their judicial inquiry.






