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Former Greek Minister Akis Tsochatzopoulos Dies at 82

Former Greek Minister Akis Tsochatzopoulos, who was convicted on charges of corruption in 2013, passed away in Athens on Friday. He was 82. He died of sudden cardiac arrest at a private hospital in Athens, where he was being treated...

Corruption Prosecutors to Investigate Skaramangas Shipyard Sale in 2002

Greece's corruption prosecutors on Monday announced the launch of an investigation into the 2002 privatization of Hellenic Shipyards in Skaramangas. According to their initial findings, there are indications of significant losses for the Greek state through the sale, amounting...

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 Ship-owner Matantos Released on Bail

  A new piece of the puzzle in the case of the German submarines armament programs regarding the distribution of briberies was added today. Michael Matantos, representative of the German company Ferrostaal in Greece, who is charged with money-laundering and...

Swiss Prosecutors to Interrogate Tsochatzopoulos

The Greek prosecutors leading the investigation into the defense contract bribery scandal seem to have run down new evidence that will shed even more light on their investigation. Prosecutors Gavriil Mallis and Yiannis Stavropoulos have managed to get access to...

Yiannis Bletsios in Pre-Trial Custody For Submarine Scandal

Yiannis Beltsios, an intimate associate of the former Greek Defence Minister, Akis Tsochatzopoulos who was jailed for 20 years in October for money-laundering and accepting bribes for armaments procurement, is in pre-trial custody after a decision by the investigator...