Tag Archives: scandal

Luxury  holidays? Exclusive Conferences? Missions ‘impossible’? Extravagant Projects? Social  events? Like a private PR and Events company, Greece’s more powerful union GENOP-DEI allegedly spent money of the Public Power Company (DEI) to organize  the best what a …. union (?) can offer: social events and guests hosting thus with overpriced invoices. A ‘generous’ …

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I really didn’t know that Greece had such a healing climate. Apparently it does. And thus with the effect that blinds can see, and paralyzed can walk. This can be the conclusion when one reads the news about the scandal of ‘fake disabled’ Greek fraudsters who used to extort real social …

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 Newly appointed Development Minister Anna Diamantopoulou took some rigorous decision: She asked 37 civil servants incl. their supervisors at the ministry’s Private Investment Department to resign and ordered the inspector of public administration to open their bank accounts and investigate their assets from 2005 until today. Greek Development, Competitiveness and …

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A big apology, investments in Greece, 700 new jobs and scholarships is the compensation that the giant SIEMENS will pay to Greece for the bribes it gave fro several decades to secure public contracts. The compensation list includes also  170 million euro in cash and a statement of support that …

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While wages and pensions are sharply cut and the extraordinary taxes kneel millions of  Greek households , the state continues to be generous with public money. This modern and yawing empty building in the North of Athens was rent by the Greek Finance Ministry in April 2010 (one month before Greece officially …

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We in Greece are used to read and write about cases dragged from week to week, from month to month and from year to year. Such a case is the allegedly falsified budget deficit of 2009, that was apparently revised upwards in order to force Greece to take harsh austerity measures. Last September …

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Remember the Greek Statistics scandal where deficit was trimmed down? Allegedly there is a new scandal with Statistics when the deficit went … up, should we believe Zoi Georganta, board member of the Greek Statistics Authority (ELSTAT). Georganta and some other board members were sacked on Thursday by Finance Minister …

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A legal file with 93,000 pages, powerful names of local soccer officials,  at least 90 suspects and 41 fixed matches are reportedly involved the big scale scandal that sweeps through the Greek soccer and shakes the county. Presidents of Football Clubs, referees, soccer players and bookmakers they give the jack of the porsecutors’ door in …

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They came to teach Greeks financial discipline and expenditure cuts. A Spartan way of life. However the ladies and gentlemen from the European Union Commission under the chairmanship of Portuguese J. M. Barroso live a live in luxury with expensive cocktail parties, private jets, luxurious away-days with spa and foam baths, …

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Former Minister Tassos Mantelis was given a three-year suspended jail sentence for failing to submit his source of income declaration for the years 2006 and 2007.  Controllers had found a difference between the income declaration and the real assets. Had the Athens court given him the maximum sentence of four …

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Feeling like reading about another alleged bribes scandal? Bloomberg has it. And Yes, it involves another state company. The Hellenic Telecommunications Organization OTE. According to Bloomberg, it involves the New York-based Comverse Technology, a voice-mail software maker, currently under investigation for Foreign Corrupt Practices Act by the US Justice Department. The …

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That’s juicy! The rumors are so strong that the parliamentary committee in charge of the lawmakers assets has asked the Financial Crime Combat Unit to provide information and verify or clear the rumors. Object of investigation is a  former conservative of the conservative wing with allegedly 178,000,000 euros in bank accounts. What a …

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A senior private banker at Credit Suisse has been arrested in the United States in connection with a federal investigation into the Swiss bank’s work with questionable offshore accounts, two people briefed on the matter said on Monday. The banker, Christos Bagios, was arrested in New York and transferred to …

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