Well GO still hasnt given us any reason to doubt the elder's innocense. Kathemerini newspaper wrote an editorial hinting that perhaps the EP is behind the arrest. That the Phanar is worried with the elder's cozy relationship with the MP and russian leaders and wants him out and replaced with someone more loyal to Constantinople's interests.
After reading the Vanity Fair article posted by Damaris, it seems like a classic case of Nationalization. Some of those properties were actually worthless, they had decrepit arenas and other structures that would cost a developer a fortune to demolish and redevelop. The monks were successful in redeveloping that land and now the jealous socialists want to take it back. Quite simple how it works, trump up some bogus charges, tell the ignorant masses that the two monks acted like oligarchs and seize their private assets. Lets take a look at the definition of renationalization:
A renationalization occurs when state-owned assets are privatized and later nationalized again, often when a different political party or faction is in power. A renationalization process may also be called reverse privatization. Nationalization has been used to refer to either direct state-ownership and management of an enterprise or to a government acquiring a large controlling share of a nominally private, publicly listed corporation.'
Is there any doubt as to whats going on???