Greek Prosecutor Probing Arms Contracts

Former Greek Defense Minister Yiannos Papantoniou

Four defense contracts worth 7 billion euros ($9 billion) and 85 other state deals are being investigated by Greek prosecutors trying to root out possible fraud, the newspaper Kathimerini reported. The defense procurement deals were approved in 2001 by former defense minister

Yiannos Papantoniou, who succeeded fellow PASOK member Akis Tsochatzopoulos as Greece’s defense minister in 2001. Tsochatzopoulos is in jail awaiting a trial on charges of money-laundering involving other defense contracts during his tenure.

The programs that are under scrutiny include the purchase of 12 Apache helicopters from Boeing, the procurement of Leopard tanks from Germany, a contract for Type 209 submarines and the upgrading of six frigates.

The authorities have already requested access to bank accounts held by Papantoniou and members of his immediate family, Kathimerini reported.

Financial prosecutor Spyros Mouzakitis has also ordered an investigation into 85 state deals that were rejected by the Independent Authority for Public Contracts on the grounds that they were not made through open tender but via direct assignment without any bidding.


  • The maverik

    Possible fraud??? The country’s government is corrupt and all its politicians are crooks…They should be all investigated for their actions…

  • Why is the Greek Justice System waiting so long for Akis Tsochatzopoulos trial???
    Could it be just like Ex. Defense MP Yiannos Papantoniou, they are just waiting for
    Statute of Limitations to pass, so they can PRETEND they are doing something about
    the increible corruption in Greece.

    Why is Mr. Venizelos still free and not in Jail after hiding the “Legarde List” in his home for 2 years with 2,059 names of rich elites & PASOK & ND MPs who hid their un-taxed monies
    in Swiss Banks??

    Simply OUTRAGEOUS the Criminality continuing, going on by the Justice System in Greece!

  • The maverik

    Corruption at its best Paul…We live in a corrupt country governed by corrupt politicians…