Former Greek finance minister Yanis Varoufakis has confirmed that he masterminded a “parallel” currency system while in power, which could be switched from euro to drachma “at the flick of a switch.”
The scheme involved a covert team of five, Varoufakis ordering them to break into his country’s own tax ministry’s computers to access Greek nationals’ tax details.
“This was very well developed. Very soon we could have extended it, using apps on smartphones, and it could become a functioning parallel system,” he commented to UK newspaper the Telegraph.
The initial revelations regarding the secret scheme were shared with a group of international investors at an event by the Official Monetary and Financial Institutions Forum (OMFIF) July 16. A transcript of Varoufakis’ words was then sent to Greek paper Kathimerini. The ex-minister said:
“The prime minister, before we won the election in January, had given me the green light to come up with a Plan B. And I assembled a very able team, a small team as it had to be because that had to be kept completely under wraps for obvious reasons.”
The Telegraph reports that among those recruited for the “Plan B” system was a technology special