Tag Archives: executives

Former executives of the pharmaceutical company Novartis were on Monday acquitted of the charges of bribing politicians and doctors through a Misdemeanors Court Justices’ Council order. The order officially put an end to the so-called “Novartis scandal”, more than seven years after the judicial investigation began, noted state-run news agency …

Read More »

The latest Penal Code amendments grant bank executives immunity for bad loans and returns to suspects of money-laundering their frozen assets. Bank executives accused of breach of trust are protected from the independent intervention by a prosecutor, and people suspected of criminal fraud and money-laundering will see their frozen assets …

Read More »

Ten years after the discovery of the scandal and judges have finally took the decision to refer 64 suspects to stand trial over bribes paid by German giant SIEMENS to secure a public contract. Among the 64 suspects are 13 German nationals, executives of the parent company. According to the …

Read More »

Four out of six executives of private electricity providers Energa and Hellas Power were released on bail on Friday after paying amounts of 50,000 up to 200,000 euro. The four were arrested six months ago with charges including money laundering, embezzlement and breach of faith. The executives of the first …

Read More »

There is an interesting development in the Greece- SIEMENS bribes scandal coming from Germany. According to a report by Sueddeutsche Zeitung/The Local.de, Greek judiciary is to pursue elven executives of SIEMENS on charges of bribing Greek politicians and public officials. Moreover Greece plans even to issue an international arrest warrant …

Read More »