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21.08.2008 - Greek helicopter fugitive caught

Police in Greece have re-arrested the country's most wanted fugitive, two years after he escaped from a high-security prison by helicopter.
Vassilis Paleokostas, 44, was serving a 25-year prison term for robbery and kidnap when he was whisked from an Athens prison in 2006 by accomplices.

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Police say they believe he is behind the kidnap of northern Greek industrialist George Mylonas in June.
Mr Mylonas's wife said she was relieved Paleokostas had been caught.
"It's a kind of vindication for us to know who this man was," Nelly Mylonas told Greek television on news of Paleokostas' arrest.
Top Greek tycoon freed for ransom ...
Boost to Cyprus re-unification prospects ...
/>Mr Mylonas - who was kidnapped at gunpoint outside his home - was released in June, after his family paid a ransom.

His kidnap helped police find Paleokostas, as they were able to trace the marked ransom money paid back to him. Three other men suspected in involvement in his kidnapping were also arrested.
Paleokostas is the brother of Nikos Paleokostas who has been convicted of 16 bank robberies, among other crimes.
He was considered the country's most wanted fugitive until his arrest two years ago.


(BBC)

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