Belfast Telegraph

UK Website Of The Year

Home News World

Greek oil boss' death ruled suicide

Published 04/07/2016

Kyriakos Mamidakis' company Mamidoil-Jetoil, which filed for bankruptcy in June, operates about 600 filling stations in Greece and the Balkans
Kyriakos Mamidakis' company Mamidoil-Jetoil, which filed for bankruptcy in June, operates about 600 filling stations in Greece and the Balkans

A Greek oil executive whose company filed for bankruptcy killed himself at his home in an Athens suburb, according to a post-mortem report.

Kyriakos Mamidakis, 84, was chairman of the board of Mamidoil-Jetoil, an oil company that is active in Greece and the Balkans and operates about 600 petrol stations.

Although police were still investigating his death, they said they found no signs of foul play.

Mamidoil-Jetoil filed for bankruptcy on June 9, declaring that it owed creditors 314 million euros (£263m) at the end of 2015, while having cash reserves of 600,000 (£503,000).

Mr Mamidakis was also involved in hotel management, shipping, and olive oil and wine production.

Read More

From Belfast Telegraph