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Monday, March 26, 2018 8:58:04 AM
8:53 ET - Evangelos Marinakis, the founder and chairman of Capital Maritime Trading Corp, which operates more than 70 ships, is charged in Greece with alleged drug trafficking and financing a criminal enterprise. Court officials said Marinakis was charged for involvement in the Noor One tanker case, which was seized in the port of Piraeus in 2014 for smuggling approximately a ton of heroin after a tip by the US Drug Enforcement Agency. Another ton of heroin was later found hidden in an Athens warehouser. Marinakis, who denies the charges, also owns Greek soccer champions Olympiacos FC, English club Nottingham Forest and various Greek media outlets. Capital is traded on the Nasdaq as Capital Product Partners. (costas.paris@wsj.com) (END) Dow Jones Newswires March 26, 2018 08:53 ET (12:53 GMT) Copyright (c) 2018 Dow Jones & Company, Inc.
$CPLP
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