President of the Greek Basketball Federation arrested on suspicion of match-fixing

The president of the Greek Basketball Federation, Vangelis Liolios, was arrested along with two others on suspicion of widespread corruption. The investigation is examining allegations of match-fixing in the top league over the past five years. Searches of the suspects' homes uncovered large sums of money inconsistent with their declared financial profiles.

The president of the Greek Basketball Federation, Vangelis Liolios, was arrested on Wednesday along with two other suspects on suspicion of widespread corruption. The main allegations against them involve involvement in match-fixing in the Greek Super League and other leagues over the past five years, accepting bribes, and violations of sports laws. The arrests were carried out following a covert investigation by the Greek sports prosecutor that lasted about three months. According to reports in the local media, arrest warrants were issued for six individuals, three of whom were arrested. Searches of the suspects' homes uncovered large amounts of cash inconsistent with their declared financial profiles. Liolios and the two suspects are expected to appear before an investigating judge in the coming hours, and the investigation is in its early stages.