October 24, 2024
FEATURED, Society, Very Mix
A criminal investigation into suspected embezzlement and money laundering has shown that two high-ranking clerics of the Catholic Church in Greece have been “investing” in nightclubs for the last eight years. The investigation was triggered after a routine audit showed a shortfall of 3 million euros in the coffers of …
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April 5, 2024
Society, Very Mix
Former judge and a fugitive for 19 years, Antonia Ilia, was returned to Greece from the UK late on Thursday night. She was convicted to 13 years imprisonment for money laundering and for her role in criminal ring granting favorable court decisions in exchange for bribes. The former judge had …
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April 20, 2023
FEATURED, Society, Very Mix
The case of one of the largest criminal organizations was solved by the Extortion Prosecution Department of Attica Security, after an investigation that lasted about two years. Victims of the mafia-gang are 87, while the turnover from the gang’s illegal activities is estimated to be hundreds of thousands of euros. …
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December 15, 2022
FEATURED, Greece, Politics
Τhe Economic Prosecutor’s Office in Greece ordered on Friday a preliminary criminal investigation against MEP Eva Kaili with the aim to investigate whether the crimes of bribing a political person and money laundering or any other ex officio prosecuted crime have been committed. According to media reports, essential for the …
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November 19, 2019
Greece
Fifteen years after the SIEMENS bribes scandal broke out, the Greek Justice ruled that 22 out of 54 defendants in total were guilty of money laundering and bribery. Two of the convicted are fugitives. The Three-Party Court of Felony Appeals ruled on Tuesday that 22 of the defendants were found …
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May 11, 2018
Greece, Politics
A never ending legal story finally ended – or not? A criminal appeals court in Athens found former PASOK Transportation Minister, Tassos Mantelis, guilty of money laundering for having accepted bribes of 450,000 DM (230,000 euros) by SIEMENS. The court, however, lowered the prison sentence imposed on him to five …
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May 8, 2018
Very Mix
In a large scale operation, the counter-terror department of the Greek police has arrested 14 people on charges of funding a terror organization and money laundering. The operation was launched in the early morning hours of Tuesday in Attica and in regions outside the Greek capital, although exact locations have …
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October 30, 2017
Greece, Politics
After a procedure than lasted three year, the Five-Member Court of Appeals ruled on the so-called “golden bribes” and found guilty former defense minister Akis Tsochatzopoulos and another 15 defenders. The sentences are still to be announced. According to in.gr, it is worth noting that the court reduced the amount …
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August 10, 2017
Greece
The crisis between the Greek government Canadian mining Eldorado Gold and its Greek subsidiary Hellas Gold moved to a new level of escalation on Thursday, when the junior partner of the coalition government accused the Greek subsidiary of “fraud” and “money laundering.” The claims came from other than the leader …
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July 28, 2017
Greece, Politics
An Appeals Court on Friday found guilty former Transport and Communications minister Tassos Mantelis of money laundering in the Siemens kickbacks case. Following a lengthy procedure, the judges unanimously ruled that the 450,000 German marks found in Mandelis’ best man bank account which were deposited by the German company was …
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July 26, 2017
World
Greek authorities have arrested a 38-year-old Russian man wanted in the United States on suspicion of masterminding a money laundering operation involving at least $4 billion through transactions in bitcoins. Police said Wednesday they arrested the Russian man in Chalkidiki, Northern Greece, where he was allegedly spending summer vacations. The …
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June 2, 2017
Uncategorized
A Corruption prosecutor pressed criminal charges against former defense minister Yiannos Papantoniou and his wife Stavroula Kourakoy for money laundering. The couple has been banned from leaving the country. The charges were brought after a preliminary investigation by the office of the Corruption Prosecutor concerning the legality of the couple’s …
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March 28, 2017
Uncategorized
The self-proclaimed billionaire and now fugitive Artemis Sorras has been charged with fraud and running a criminal organization. The office of prosecutor in Athens published a long list of charges against Artemis Sorras and seven of his close associates on Tuesday. The list of charges reportedly contain “half of the …
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September 29, 2015
Very Mix
He was a kind of “national supplier” for defense systems, when Greece was ‘rich’ and was acquiring tanks, missiles, helicopters and other essential armament equipemnt as if there was no tomorrow. Businessman and retired army officer Thomas Liakoynakos,67, was arrested on Monday night in his home in a noble suburb …
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August 7, 2015
Economy
Greece is full of many little “cunning Odysseus” who manage everything once they have the right connections, are in the right position at the right time. Allegedly, they can even violate the capital controls and send money abroad or withdraw large sums from the banks despite bank holidays and other …
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April 6, 2015
Politics
Swiss banker Jean-Claude Oswald, one of the key suspects in the Siemens cash-for-contracts scandal and in connection to allegedly corrupt arms deals is in custody in Greece, Greek media report on Monday. Although Oswald holds the French citizenship and the Swiss refused to extradite him to Greece, the Greek authorities …
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March 19, 2013
Economy
It comes as many suspected: German banks try to take advantage of the economic crisis in the European South. A Cypriot received an e-mail by a German Advisory Bureau offering him the opportunity to move his deposits to German banks with an interest rate of 3.0-4.0% for deposits over 50,000 …
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October 8, 2012
Politics
Vlassis Kambouroglou, 60, managing director of Drumilan International has been found dead on Saturday in his hotel room in Jakarta, Indonesia. In a story that reads like a modern times novel written together by John Le Carre and Graham Greene, some Greek media claim that Kambouroglou had committed suicide while …
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September 23, 2012
Politics
A ‘mega bomb’ exploded on Saturday in Athens when a weekly newspaper with front page “Testimony Burns 3 Ministers” claimed that two former ministers and the current parliament speaker have been alledgedly involved in money laundering scandal. In its exclusive story Real News refers to the written testimony of a real estate …
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May 27, 2010
News, Politics
Tasos Mantelis, ex Greek Minister ‘sponshored’ by SIEMENS, has not left for Azerbaijan, where he works as Chief Advisor at the TACIS Project. Tasos Mantelis is among us. I just saw him on ALTER TV. He said he will stay in Greece. But even if he would like to leave , this …
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