Response of the singer through his lawyers – Earlier it became known that his property has been seized and is being investigated for tax evasion of 1.5 million euros. The singer via his lawyers, Stathis Bakalis and Michalis Dimitrakopoulou, the well-known singer whose property was seized for tax evasion of 1.5 million euros and money laundering, have issued a statement:

“I was informed with regret and reasonable concern that the Anti-Money Laundering Authority has seized all my movable and immovable property due to allegations of tax evasion. My regret stems from a secret procedural process being illegally leaked to the media, exposing me publicly. Moreover, I was never called by the Authority to provide explanations or evidence to prove my innocence. I look forward to being called immediately to clarify the charges against me and to clear my name.”

The Anti-Money Laundering Authority has serious suspicions of tax evasion amounting to 1.5 million euros and corresponding money laundering by the popular singer. The investigation revealed that the tax evasion was linked not to his performances but to a company he owns. After months of investigation, the Authority froze his movable and immovable property, personal accounts, company accounts, boats, and bank safes up to 1.5 million euros.

The Authority noted the singer’s unusually low tax returns, alleging that he declared an annual income of approximately 50,000 euros over the past five years. This figure was deemed suspiciously low for a high-profile artist known for successful performances and concerts.

All collected data and the Authority’s conclusions have been handed over to the Financial Prosecutor, who is now investigating the case. The investigation will also extend to the singer’s associates.

The Anti-Money Laundering Authority has raised serious suspicions of tax evasion and money laundering against the well-known singer, leading to the seizure of his movable and immovable property. The Authority’s investigation revealed that the singer’s tax evasion was linked to a company he owns, not his performances.

After a months-long investigation, the Authority froze the singer’s assets, including personal and company bank accounts, boats, and bank safes, up to 1.5 million euros. The Authority noted the singer’s low tax returns over the past five years, averaging approximately 50,000 euros annually, which seemed unusually low for an artist of his popularity.

This discrepancy, considering the singer’s successful performances and concerts, which attracted significant figures from both Greece and abroad, prompted the Authority’s auditors to take action. The collected data, along with the Authority’s conclusions, have been handed over to the Financial Prosecutor, who is now conducting a comprehensive investigation.