crisis. Giannis Alafouzos is among the business leaders who signed the initiative of the Prince of Wales known as Bali Communiqué calling for a comprehensive legally binding United Nations framework to tackle climate change. Panathinaikos F.C. In May 2012, Giannis Alafouzos, together with players and fans of the football team Panathinaikos F.C., founded the association Panathinaikos Alliance 2012 which took a majority stake in the football club. In September 2012 he was elected president of Panathinaikos F.C. by the members of the Alliance in order to advance the reorganization and consolidation of the association. In 2017, he retired as the chairman of Panathinaikos F.C., but remained a member of the board of directors. During his chairmanship, Panathinaikos won the Greek Cup and he was honored by the president of the veteran soccer players, Vasilis Konstantinou, for his contribution to Panathinaikos. Controversy and conflicts On 10 August 2016, the Greek Prosecutor for Financial Crimes, Panagiotis Athanasiou, ordered the freezing of Alafouzos' property and bank accounts, after an investigation by the Greek Center for the Audit of High-Income Taxpayers (KEFOMEP) concluded that certain amounts were not reflected in his tax returns. Eventually, Alafouzos proceeded to pay the amount due, certified by KEFOMEP, and his property was released. Alafouzos stated that he welcomed the audit and that he would assist in the process with any available information. In 2016, SKAI TV journalist Kyriakos Thomaidis and Giannis Alafouzos, being the managing director of SKAI, were sued for violating the Privacy Act regarding the 2015 Greek football scandal but were cleared of all charges. Giannis Alafouzos has come up against much opposition in his efforts to reveal corruption in Greek football. References External links Ermis Maritime Holdings Ltd Skai Group Living people Greek businesspeople Greek businesspeople in shipping Greek football chairmen and investors Panathinaikos F.C. presidents People from Santorini 1957 births People named in the Paradise Papers