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Ex-head of Hellenic Postbank returns to Greece to face charges over allegedly unsecured loans

The former head of Greece’s Hellenic Postbank, Angelos Filippidis, left, is led to police headquarters in Athens after his arrest on charges of providing unsecured loans to businessmen during his tenure, on Wednesday, Feb. 5, 2014. Filippidis was taken into custody after he flew to Athens airport Wednesday from Istanbul, where he was detained last month on the basis of a Greek warrant and released late Tuesday. Hellenic Postbank is at the heart of a judicial investigation that has seen 30 people charged over a series of loans that allegedly resulted in 500 million-euro losses for the Greek lender. (AP Photo/Melelaos Myrillas)

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The former head of Greece’s Hellenic Postbank, Angelos Filippidis, left, is led to police headquarters in Athens after his arrest on charges of providing unsecured loans to businessmen during his tenure, on Wednesday, Feb. 5, 2014. Filippidis was taken into custody after he flew to Athens airport Wednesday from Istanbul, where he was detained last month on the basis of a Greek warrant and released late Tuesday. Hellenic Postbank is at the heart of a judicial investigation that has seen 30 people charged over a series of loans that allegedly resulted in 500 million-euro losses for the Greek lender. (AP Photo/Melelaos Myrillas)

ATHENS, Greece - The former head of a Greek bank at the heart of a criminal investigation into allegedly unsecured loans has been taken into custody after his return from neighbouring Turkey.

Angelos Filippidis, Hellenic Postbank's CEO from 2007 to 2010, was arrested at Athens airport early Wednesday. He had been held for more than three weeks in Turkey pending a Greek request for extradition that was rejected Tuesday.

Filippidis denies wrongdoing, and told reporters Wednesday that he had willingly returned to Greece.

About 30 former Hellenic Postbank officials and businessmen face criminal charges, including fraud and money laundering, over the loans, which prosecutors say resulted in 500 million-euro losses for the bank.

Hellenic Postbank was merged last year with Greece's Eurobank under a program to restructure the financially struggling country's banking sector.

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