Siemens scandal

Twenty-two defendants in the Siemens bribery scandal were found guilty by a Greek court on Tuesday, an incredible fourteen years after a judicial inquiry was first launched. Among those are former Siemens Hellas CEO Michalis Christoforakos, who was arrested in...

Parliament President Zoe Konstantopoulou said on Monday she plans to summon Bank of Greece (BoG) governor Yiannis Stournaras, a former Greek Finance Minister, to testify before the Parliament's Institutions and Transparency Committee in connection with the Siemens case, so that...

Two ongoing corruption cases sent to Greek Parliament -- one relating to the Siemens scandal and one to the so-called 'Lagarde list' -- are to be "bumped up" the queue of cases pending and examined as a priority in...

A Swiss senior banker who was among the key suspects in the so-called Siemens scandal as well as in armament programs scandals is currently being held in custody in Greece, as the country's media pressed earlier today. An international arrest...

"The government is committed politically, morally and legally to fully clear out all aspects of the Siemens scandal," Greek Finance Minister Yanis Varoufakis said on Thursday in a statement referring to recent developments concerning this issue. "During the discussion two...

Alexis Tsipras became today the first Greek Prime Minister to raise the issue of World War II reparations at a top level, during his meeting with German Chancellor Angela Merkel in Berlin. As the leftist Greek Premier said, the long-standing dispute...

Michalis Christoforakos is among the 64 people who are summoned to appear before an Appeals Court, accused of being involved in the bribery scandal between Siemens and Greek state-owned telecommunications company OTE that rocked Greece nearly ten years ago. The 64 suspects...

Greek financial crime prosecutors handling the Siemens bribery scandal have completed their 2,368-page long proposal on the case, recommending that 64 involved individuals face criminal charges of active and passive bribery along with money laundering, as well as illicit...

The investigators of the Greek Siemens case issued arrest warrants against the former company executive members Michael Christoforakos and Christos Karavelas, who appear to be the key players in this case. According to the Court of Appeal, the two arrest...

Akis Tsochatzopoulos is the former Greek politician and minister who remains imprisoned on financial fraud charges.  Tsochatzopoulos, according to accusers, appears to own an offshore company, to which he, in cooperation with many other relatives and businessmen, transferred money...