Tag Archives: kickbacks

The Five-Judge Court of Criminal Appeals fully acquitted 20 out of 22 people of money laundering charges in the context of the SIEMENS scandal in Greece. For most of the defendants, the prosecution was terminated due to the statute of limitations. The twenty people involved in the Siemens kickbacks case …

Read More »

“No one can give a logical answer as to why my name was deleted from the translation of the FBI Novartis document,” PASOK-KINAL MP and former Health Minister Andreas Loverdos told Skai TV on Friday morning. It was one more of Loverdos’ statements after documentonews newspaper and koutipandoras website published …

Read More »

Former Justice Minister Haralambos Athanasiou (ND) stunned Greeks when he openly admitted on Thursday that “kickbacks are among a minister’s duties.” The ex New Democracy minister was speaking live to state broadcaster ERT TV when he made this unbelievable statement. As the topic was the Novartis-Gate, Athanasiou was asked whether …

Read More »

A three-member Appeal Court in Athens announced the penalties for 21 defendants who have been found guilty to be involved in the famous Greek-German scandal of Submarines kickbacks.  The court imposed prison sentences to 20 of the defendants as the 21st, a French-Swiss banker, is on the run. The former …

Read More »

After a marathon deposition of 20 hours, former Defense Minister Yiannos Papantoniou was remanded in custody late on Tuesday. Handcuffs were passed also to his wife Stavroula Kourakou. Both face charges for money laundering of 2.800.000 Swiss Francs (2.4 million euros) from kickbacks from the time he was Defense Minister …

Read More »

Former New Democracy Health Minister, Giorgos Sourlas, said he was offered kickbacks by a pharmaceutical company in order to market vaccines. Speaking to state ERT TV, the former minister said he was offered 500 million Drachmas* in order to market last generation vaccines for hepatitis. “It happened once, I was …

Read More »

The five-member Court of Appeals for Felonies decided to release from prison former PASOK Defense Minister Akis Tsochatzopoulos due to health reasons.Akis Tsochatzopoulos was convicted to 20 years imprisonment for bribes and money laundering. Total time he spent in prison is five years. By a majority of three to two …

Read More »

More than four million euros in “kickbacks” money have been transferred to a bank account of the Greek government in January. The money is part of kickbacks paid for procurement of armament programs. Minister of Justice Stavros Kontonis said that the total amount of €4,313,675 has been transferred to the …

Read More »

Greece’s public officials had apparently turned the kickbacks collection into a “science”, while an unofficial but institutionalize price list could cut a nice portion from the total pie for private pockets. Under the hand. Illegally. Tax-free. The bribes percentage was something between 2% and shocking 23% depending on the sector …

Read More »

Thirty-two people will be sent on trial on felony charges referring to bribes and money laundering in the context of the purchase of four submarines by German company Ferrostaal. According to the decision of the Board of Appeals, among the 32 defenders are one shipowner, former high-ranking officials, entrepreneurs, brokers …

Read More »

Finance Audit Committee of Greek Parliament unnanymously decided to refer right-populist LAOS President  Giwrgos Karatzaferis to justice for false assets declaration, illegally acquired assets and illegal participation in off-shore companies. Furthermore, the audit committee calls for immediate return of the money to the State, as he was unable to justify …

Read More »

W-O-W! Former Greek Defence Minister Akis Tsochatzopoulos had a suitcase full of bribes money. Kickbacks from a state  contract. Allegedly the suitcase contained 80 million Drachmas – 235,000 euro. That so claimed by the ex-minister’s first cousin and former confidant Nikos Zigras. According to daily Ethnos, key prosecution witness Zigras …

Read More »