First Italy, Now Greek Banks Being Investigated For ‘Funding’ Politicians, Media

With Trump going after billionaire-funded media in America, and Italy facing probes over its banking-system-controlled media, it is perhaps no surprise that yet another generally corrupt nation – Greece – is facing a parliamentary committee investigation into spuriously large ‘bank loans’ and highly-concentrated advertising spend made to various political parties and media groups in 2015.

The Parliamentary Inquiry Commission decided on Wednesday to investigate the advertising expenditure of Greek banks to the media over a period of the last 10 years. Greece – is facing a parliamentary committee investigation the Commission investigates in general the legality of  bank loans to political parties as well as loans to mass media groups. The extension of mandate to investigate also the bank advertisement to media was submitted by SYRIZA MP Annetta Kavvadia, a former journalist.