Greek judicial authorities are probing allegations that two senior figures within the Catholic Church in Greece diverted church funds into nightclub businesses, as part of a wider money laundering investigation involving seven suspects.

According to prosecutors, approximately €3 million was allegedly siphoned off over an eight-year period through financial transfers that were presented as legitimate investments. The funds are believed to have been funneled into nightlife ventures.

The investigation, led by Greece’s Anti-Money Laundering Authority, has already resulted in the freezing of bank accounts and assets belonging to five nightclub owners operating in the southern Peloponnese region.

Reports from local media indicate that the suspicious activity began eight years ago, when the first irregular transfer was made to one of the individuals involved under the guise of an investment. Authorities say the most recent questionable transaction, amounting to €50,000, occurred only days ago.

What started as a routine financial audit later escalated into a criminal case and has now been referred to the chief prosecutor’s office. Prosecutors are expected to summon all seven individuals for questioning on charges related to embezzlement and money laundering, with felony proceedings likely to follow.

In response, the Catholic Church in Greece released a statement denying prior knowledge of the alleged actions of the two priests involved. The church stated that it is awaiting official information from the authorities before taking a formal stance.

Europe Today continues to provide updates to keep readers informed, engaged, and connected as developments unfold.