Details of a truly radical “Plan B” reportedly hatched by ex-FinMin Yanis Varoufakis to create a parallel electronic currency connected with the “hacked” personal tax codes of millions of Greek taxpayers was published in the Sunday edition of the Athens daily “Kathimerini”.
If true and applicable, such a system would have been a prelude to an exit from the common euro currency and an eventual return to a national currency.
According to the shocking article, the self-described “erratic Marxist” reportedly divulged details of the plan in a meeting he had with foreign hedge funds executives on July 16.
Varoufakis’ “accomplice” in the plan was, according to Kathimerini, a childhood friend placed by the former in a strategic position in the finance ministry, a placement aimed at bypassing the general secretary of the of state revenues department within the ministry. The reason given was that the official, Katerina Savvaidou, was “controlled by Brussels”, or so Varoufakis assumed at the time.
Strange becomes stranger if the details of the Kathimerini article prove true, given that the task assigned to Varoufakis’ associate was none other than to “hack” into the general secretariat of IT systems’ server and access the personal tax codes (AFM) of millions of Greek taxpayers!
The next step, according to the article, would have been to secretly connect each tax code with a newly created electronic bank account corresponding to the specific taxpayer. The system would have been ready to activate within a moment’s notice and under complete secrecy.
In a scenario straight out of “Mission Impossible”, Kathimerini writes that if activated the system would have sent each connected taxpayer a special pin number allowing them to connect with their previously unknown “parallel account”. The latter account would allow the taxpayer, or business, to make or receive payments, essentially a parallel banking system aimed at bypassing closed banks.
The “celebrity economist” turned Greek leftist politician reportedly told participants at the meeting that he had ready responses if the plan leaked.
“Even if they do it (leak the plan), I will deny it,” was the Machiavellian statement attributed to the Essex-educated Yanis…
In a less shocking related development, the Sunday paper “Real News” has Varoufakis saying that the current SYRIZA government must resign, something he vehemently denied. Nevertheless, the paper’s editors later issued a statement saying they completely stand by the story.
