×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
17
Oct 2026
weather symbol
Athens 15°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> Economy

Greek banker who sheltered in London during Greek crisis takes legal action

If Millas is successful in his suit, he may receive damages of up to $118,500 (78,300 pounds).

Newsroom November 25 10:24

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Greek banker Omiros Millas, a former National Bank of Greece executive, said he was harassed for warning that his firm risked breaching regulations on valuations, confidentiality and money laundering. For this reason, he was alienated for “sheltering” in London and said he had endured “covert exclusion and covert undermining of his role” simply by warning companies that they were at risk of violating various Financial Conduct Authority regulations.

Millas release a statement concerning his treatment. He said that he was “alienated from high-ranking National Bank of Greece officers, not because (he is) Greek, which applies to almost all of the bank’s employees, but because (he is) a Greek who has sheltered during the Greek crisis in the comfort of NBGI Private Equity in London.”

>Related articles

What changes for borrowers with non-performing loans: Interest caps and a crackdown on foreclosures

Greece inflation Hits 5.1% in September as Eurozone Rate Rises to 3.8%

Union of Greek Shipowners donates €700,000 to new chronic care facility in Kilkis

Millas, who joined the NBGI when it was set up in 1998, said that he warned NBGI that it had valued its assets incorrectly and was in breach of confidentiality regulations. As a result of this he was undermined and finally dismissed along with another five executives of which all but one were of Greek origin. The thirteen executives that were retained were mainly British with only one being of Greek origin.

In a document filed to the tribunal currently taking place to examine Millas’ dismissal, the bank said: “By early October 2014 there was no longer any need for Mr. Millas to carry out any more work in relation to the sale, and he was doing very little work at all, as illustrated by the fact he was frequently not even attending NGBI’s offices.”

According to Bloomberg, if Millas is successful in his suit, he may receive damages of up to $118,500 (78,300 pounds).

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

New York Times analysis: How Trump and Zelensky reached the brink of a complete break in just one week – What it could mean for the war in Ukraine

October 17, 2026

Mystery surrounding disappearance of 58-year-old Greek monk in Turkey: He left Giannitsa to become a hermit and vanished – What the Greek Consulate says

October 17, 2026

What changes for borrowers with non-performing loans: Interest caps and a crackdown on foreclosures

October 17, 2026

Yemen Civil War scenarios: The role of Turkey and Pakistan, possible US intervention and Iran’s potential gains

October 17, 2026

Shocking scenes in Indonesia: Woman collapses after public caning for having sex outside marriage (videos-photos)

October 17, 2026

Trump fires Katie Zachariah as White House Press Secretary just five days after she took office

October 16, 2026

US on alert over dozens of suspicious letters containing unknown white powder sent to politicians and election offices

October 16, 2026

Iran does not want nuclear weapons, Pezeshkian says, declaring readiness for talks

October 16, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα