ATHENS, July 21 — Greek anticorruption authorities yesterday launched embezzlement proceedings against three former officials from the country's privatisation agency over the sale of 28 public buildings.

The case against the former managing director of the Hellenic Republic Asset Development Fund, and two other former members of the agency's board, covers the period from May 2013 to May 2014, before the radical leftist Syriza party took power.

The three are accused of withholding over 100,000 euros (RM412,394) in interest on rents from the buildings, which were sold to subsidiaries of Greece's Eurobank and the National Bank of Greece.

Three former executives from the agency's council of experts are also accused of fraud, "for advising the agency to proceed with a deal which was not in the interest" of the state, a Greek government source said.

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Under a July 12 bailout deal struck with its eurozone partners, Greece's government has promised to crack down on corruption.

The government plans to soon introduce legislation on the “voluntary disclosure” of capital and investments for tax purposes. — AFP