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Siemens

Ongoing Lawyers' Strike Leaves About 300,000 Legal Cases Pending

The ongoing anti-austerity strike by the country’s lawyers, which is in its fifth month and opposes the latest measures in the security fund and pension plan, has caused great confusion in Greek courts as about 300,000 legal cases are...

Greece at Risk of Losing Funds Earmarked for Battling Corruption

Greece might lose funds that have been allocated for tackling corruption, said Drago Kos, international commissioner in the independent Monitoring and Evaluation Committee. According to a Kathimerini daily report, Kos spoke in a conference on Corporate Responsibility in the International...

Siemens Trial to Start in Greece Amid Hurdles

Ten years after the multi-million euro Siemens corruption scandal was exposed, the trial is about to start at the Athens Court of Appeals amid hurdles. The charges are for bribery and money laundering, as the Greek prosecution accuses former Siemens CEO...

Bank of Greece Governor to Appear Before Parliamentary Committee on June 26

Bank of Greece (BoG) Governor Yannis Stournaras was asked to appear before a parliamentary committee on Monday but sent a letter to Parliament President Zoe Konstantopoulou, informing her that he wouldn’t be able to attend before July 6, due to prior...

Greek Parliament President to Ask BoG Governor to Testify Before Parliament on Siemens Case

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...

Siemens, 'Lagarde list' Cases to Be Given Priority Treatment in Greek Parliament

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...

Greek Prosecutors Bring Charges Against German Company Daimler

Greek prosecution authorities have announced on Monday that they are bringing charges against a number of employees of German multinational automotive corporation Daimler, who are reportedly involved in bribes to Greek officials, amounting to millions of euros. According to Greek...

Greek Supreme Court Says Four Germans in Siemens Case Must Stand Trial

The Greek Supreme Court's prosecution on Tuesday denied the petitions of four German nationals asking for the withdrawal of an indictment ordering them to stand trial for a Siemens kickbacks case. The petition was filed by Roland Koch, Reinhard Herbert Siekaczek,...

Swiss Banker in Custody After Testifying Before Greek Prosecutors

Swiss banker Jean-Claude Oswald was detained pending trial after testifying on Wednesday before two Greek prosecutors on separate cases involving money laundering and kickbacks in armament procurement contracts. Oswald, a former officer of Dresdner and BNP Paribas banks, testified before...

Greek Defense Minister: We Will not Back Down on German War Reparations

The Greek government will not back down on the issue of German war reparations, underlined Defense Minister Panos Kammenos on Tuesday while speaking to Greek TV. "We will not back down and we will set the issue with conditions that...