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Tag Archives: Siemens

PASOK received 16bn Drachmas in funds by private companies, says ex official

“I want to apologize to the Greek people, the voters who supported us, the Greek Justice, and the 12 people who were unwittingly involved in getting the money from Siemens for the party.” Former PASOK official Theodoros Tsoukatos said during his apology in the courtroom handling the bribes SIEMENS paid …

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SIEMENS bribes: Athens court finds ex PASOK minister Mantelis guilty of money laundering

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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Prosecutor says ex PASOK minister “guilty” of money laundering over Siemens sponsorship

A prosecutor on Monday proposed that former PASOK minister Tasos Mandelis be found guilty of money laundering in relation to the sum of 450,00 German Marks (about 230,000 euros) that he is alleged to have received from German company Siemens for securing an OTE Telecom contract in 1997. Following a …

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Tsipras speak of WWII loan & SIEMENS bribes, Merkel of Reforms

The joint press conference by German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras in Berlin had a strong conciliatory tone. Both sides stressed the importance of dialogue, cooperation and mutual trust. However each side focused on the issue dear to it with Germany to insist on the reforms …

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Former PASOK Minister to return €230K in SIEMENS bribes

Former Transportation Minister Tasos Mantelis (PASOK) has decided to return the money he is being accused to have received as bribe by SIEMENS in order to receive reduced punishment. According to Greek media, Mantelis has declared to give 450,000 DM (230,000 euro) to public revenues office in order to enjoy favorable …

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Greece To Chase “Corrupt” SIEMENS Executives?

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 …

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SIEMENS – Greece Reach Deal Over Bribes Scandal

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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Greek Former Minister gets 3-year suspended jail sentence

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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Athens Metro: German Rail bribed hand in hand with Siemens?

This post would also worth to bear the title “How Germany ruined Greece economically” or what is Germany’s contribution to Greece’s economical collapse”. Yes! I’d love a satanic “hehe” here…  German weekly DER SPIEGEL brings into the spot light another bribes scandal. This time involved is the DBI – Deutsche Bundesbahn …

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