Greece’s supreme court has struck down a Dutch extradition request for Greek owner John Karageorgis, his company Times Navigation said.

Karageorgis was briefly arrested by Greek police last month, on a European arrest warrant issued by Dutch authorities with regards to the bankruptcy of a dairy firm in which he was a shareholder five years ago.

Greece’s supreme court, however, ruled in favour of the owner, Times Navigation said in a statement: “The Supreme Court, today, upheld the claims of Mr.