The Hellenic Republic Asset Development Fund, also known as TAIPED, its Greek acronym, is the Agency responsible for finding investors for Greece’s public property and assets.

TAIPED has been the subject of many criticisms by the SYRIZA party while in opposition. An indicative article from SYRIZA’s official newspaper, claimed that one of the new government’s top priorities should be the abolition of TAIPED on the grounds that it is a “tool for stealing public assets and property”

Source (in Greek): http://www.avgi.gr/article/5234497/na-katargithei-to-taiped-ergaleio-ufarpagis-tis-dimosias-periousias

In line with SYRIZA’s pre-election mandate, the newly appointed Alternate Finance Minister Nadia Valavani asked on 31 January for the resignation of all of TAIPED’s board members.  Ms. Valavani met with TAIPED chairman Emmanouil Kondylis and CEO Paschalis Bouchoris, asking them to leave their posts. Kondylis and Bouchoris were appointed last summer.

Source (in English): http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_30/01/2015_546726

Outcome: On February 5, Ms. Valavani asked TAIPED’s management to stay put until further notice hinting that TAIPED may not be dismantled after all.

Source (in Greek): http://www.kathimerini.gr/802291/article/oikonomia/epixeirhseis/kamia-allagh-sto-taiped-gia-tis-epomenes-20-hmeres