An Athens court on 4 December passed down a 10-year prison sentence to Greek shipowner Victor Restis after finding him guilty of making a false statement, but he was released as the term was suspended, however a travel ban has been imposed on him.

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Katia Restis, sister of Greek shipowner businessman, Victor Restis, imprisoned pending trial on money laundering and embezzlement charges, says the family’s shipping business will continue to operate.