Calamos Supports Greece

Thomas Liakounakos

Thirteen Indicted for Defense Contracts Signed when Papantoniou was Minister

An appeals justices' council on Friday indicted 13 individuals to stand trial for serious offenses relating to a defense contract for the purchase of 170 Leopard 2 tanks, signed in 2003 when Yiannos Papantoniou was at the helm of...

Corruption Prosecutor Resigns; Claims she was Targeted over Novartis Probe

Greece's Corruption Prosecutor Eleni Raikou resigned her position as head of the prosecutors investigating corruption on Friday, in a letter to Supreme Court Chief Prosecutor Xeni Dimitriou. Giving reasons for her decision, Raikou claimed she was being targeted by...

Greek Businessman Jailed After Testimony on Ericsson Bribe Scandal

Greek businessman Thomas Liakounakos was sent to jail pending trial on Friday after a seven-hour testimony on his role in Swedish telecom Ericsson’s cash-for-contracts scandal before an investigative magistrate on corruption. Liakounakos, who acted as a commercial agent for Ericsson...

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...

Businessman Thomas Liakounakos Released on Bail

After his plea to the investigating authorities, businessman Thomas Liakounakos was released on a 300,000 euro bail and a ban on exiting the country. Liakounakos who was involved in suspicious armament deals during the 90s was summoned to apologize on...