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Greece

Kantas Faces More Corruption Charges

Former Greek Defense Ministry deputy director of armaments Antonis Kantas, the star witness in a massive scandal at the agency, is still being prosecuted, on charges of receiving a 250,000 euro bribe from a retired military officer which he...

Corruption Prosecutor Files New Charges in Connection With Chinook Arms Deal

New charges have been filed in connection with the contract for the procurement of Chinook helicopters signed in 1998 under former minister of defense, Akis Tsochatzopoulos. The official estimates of damage brought about by the government for this deal...

Greece's 50 First Days Under the New Government Through Numbers and Figures

It has been 50 days since the second SYRIZA-ANEL coalition Greek government was sworn into power on September 23, 2015. Less than a month and a half into the new administration, Greece has already been through adversity on the political, economic...

Three Former Greek Government Officials Get 25 to Life for Money Laundering

On Monday, the Greek court found guilty of bribery three formerly prestigious government officials. The corrupt activity the officials participated in included breach of faith (betrayal of confidence or trust) and money laundering that took place while the officials were in positions...

Businessman Arrested for Greek Navy Armament Kickbacks

Well-known businessman Thomas Liakounakos was arrested at 10 pm on Monday on charges of involvement in Greek Navy armament kickbacks. Liakounakos is involved in managing 1.6 billion euros stemming from the purchase by the Greek government of four aircraft and...

Former Greek Defense Ministry Official to Be Released From Custody After Remand Period Expires

Former Greek Defense Ministry official Antonis Kantas, who has admitted to accepting bribes while serving as deputy head of the Ministry's armed forces procurements department, is to be released from custody because the 18-month maximum period for holding a...

Swiss Banker Involved in Bribery Scandals in Greek Custody

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...

Thirty-two Indicted Over Kickbacks for German Submarines Contract

Another 32 individuals were indicted to stand trial before a Criminal Appeals Court on Thursday for kickbacks given in exchange for Greek Defense Ministry contracts. The case, concerning a deal for the purchase of German submarines, was uncovered during a...

Greek Prosecutor Calls 13 German Nationals Over Armaments Kickbacks Case

Corruption prosecutor Gavriil Maillis called 13 German officials of German-based Atlas and Rheinmetall AG on Thursday, to provide testimonies related to an armaments kickbacks case of submarines and antiaircraft missiles. The kickbacks were linked to the submarine Integrated Sensor Underwater Systems...

Greece Probes Saab in Defense Scandal, Asks Swedish Help

Greece is asking Swedish authorities for information about a top Saab executive suspected of working with a middleman in Greece to bribe defense officials. Sources said that the head of the First Instance Court, Vassiliki Brati, wrote to the public...

Arms Bribery Suspect Returns €2.5m to Greek State

Greek businessman Panayiotis Efstathiou, a key suspect in the German arms bribery scandal, has returned about 2.5 million euros to the Greek state. According to his attorney Michalis Dimitrakopoulos, Efstathiou deposited 2,552,435 euros in accounts of the Greek state to...

Ex-Minister Papantoniou and Wife Released on Bail

Former Greek Defense Minister Yannos Papantoniou, accused of falsely declaring his wealth – a first-degree felony – was released on 100,000 euros bail. His wife Stavroula Kourakou, also accused of tax evasion, was released on 50,000 euros bail. Papantoniou appeared...

Ex-Ericsson Exec Reveals €13 Million Bribe to Greek Officials

Swedish communication tech company Ericsson paid 116 million Swedish krona (€13.05 million) in bribes to Greek politicians and military officials to secure an arms deal in Greece, Swedish radio reported Wednesday. In an interview, former Ericsson employee Liss-Olof Nenzell, who used...

German Industrialist President Involved in Armament Scandal

According to a recent article in the German newspaper, Der Spiegel, the president of the Federation of German Industries (BDI), Ulrich Grillo might be involved in the Greek armament and bribery scandal. The article claims that Grillo may have been implicated during his tenure...

New Evidence, Prosecutions in Armaments Bribary Scandal

New incriminating evidence has come to light in the Greek armaments bribery scandal, implicating many state employees, politicians and businessmen. A list found during a search of Dimitris Papachristos’ office, former representative of German weapons manufacturer Krauss Maffei-Wegmann, points to...