ATHENS, Greece – Greece’s privatization fund says it is selling the country’s train maintenance company, a day after the fund’s head was sacked for hitching a lift on the private jet of a businessman involved in a previous sale.
The fund said Monday it is seeking buyers for 100 per cent of ROSCO, a former rail subsidiary that has been transferred to the body overseeing the privatizations Greece is pursuing in return for bailout loans. No pricing details were provided.
The announcement comes a day after fund head Stelios Stavridis was fired for accepting a lift to his island holiday home on a jet owned by the head of a consortium that had just bought a controlling stake in betting firm OPAP.
Stavridis denied any wrongdoing, saying the businessman had simply offered to help.