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Greek corruption and basketball fraud investigations

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2026-10-26 19:53 UTC → 2026-10-26 19:55 UTC · added ~~removed~~

Authorities in Greece have conducted separate major investigations into financial crimes and corruption. In one case, Philippos Kambouris, president of the LAOS party, was arrested as part of a criminal organization accused of large-scale fraud and tax evasion. The group allegedly operated since 2021, using approximately 25 shell companies to avoid taxes and social security contributions, causing an estimated 5 million euros in damage to the Greek State. In a separate investigation involving Greek basketball, dubbed ‘Basketgate’, authorities are probing allegations of bribery, match manipulation, and illegal betting spanning from June 2016 to March 2026. High-profile figures facing charges include EOK President Vangelis Liolios, businessman Georgos Mavraganis, and referees Ilias Koromilas, Vaso Tsarouha, Petros Papapetrou, and Tasos Piloidis. Recent judicial developments have seen Liolios and Mavraganis ordered into pretrial detention. Liolios has since resigned, and Angelos Papanikolaou has been elected as the new EOK president. The Greek Ministry of Sports has suspended state funding to the EOK pending administrative audits. Deputy Sports Minister Giannis Vroutsis has called for immediate EOK elections to restore public trust, though national team obligations will continue. In the ‘Basketgate’ probe, several individuals have been detained. Ilias Koromilas has been sent to prison, while Vasiliki Tsarouha and Tasos Piloidis are under house arrest with electronic monitoring and prohibited from basketball involvement. Koromilas has denied nine counts of bribery, asserting that 102,000 euros in cash seized at his home was part of 263,000 euros in legitimate compensation from his international career. He specifically addressed an allegation involving a €10,000 bribe to favor Unics Kazan during the 2021 EuroCup final, maintaining that the matter had already been investigated and archived by Greek authorities. Amarousi coach Ilias Papatheodorou remarked that the scandal was “necessary to happen to shame Greek basketball” to allow for future catharsis.

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