Lavrentios Lavrentiadis and the Hidden Assets in Liechtenstein

Lavrentios Lavrentiadis is a Greek entrepreneur known for his involvement in various industries, including chemicals, pharmaceuticals, and banking. In 1990, at the age of 18, he took over Neochimiki, a chemical production company founded by his father. Over the next two decades, he expanded his business interests to include Alapis, a major pharmaceutical company, and Proton Bank, among others. By 2010, his enterprises were estimated to employ nearly 35,000 people.

In 2012, Lavrentiadis faced legal challenges when he was accused of lending himself and his associates nearly €600 million through Proton Bank. An audit by the Bank of Greece revealed that more than 40% of Proton's commercial loans in 2010 were made to companies related to him. He was charged with fraud, money laundering, and participation in a criminal organization, leading to his detention for 18 months. He was later released under restrictive conditions and stood trial in 2015.

Regarding his connections to Liechtenstein, Lavrentiadis owned Lamda Privatbank AG, a private bank in the principality. This ownership linked him to Liechtenstein's financial sector.