CMC

A court in Athens ordered the freezing of all bank accounts and safe deposit boxes used by the Koutsolioutsos family, the founders of the troubled jeweler Folli Follie, as well as those of the company's board members, amid a judicial probe into Folli's finances.

The Capital Market Commission is toughening up its attitude toward the listed Folli Follie group, with sources at the stock market watchdog saying that a decision has already been reached to take its board members to court on charges of manipulating the market.