Calamos Supports Greece

Alexandros Avataggelos

Thirty-two Indicted Over Kickbacks for German Submarines Contract

Another 32 individuals were indicted to stand trial before a Criminal Appeals Court on Thursday for kickbacks given in exchange for Greek Defense Ministry contracts. The case, concerning a deal for the purchase of German submarines, was uncovered during a...

Former Chairman in Custody for Submarine Scandal

Sotiris Emmanouil was detained for his part in the submarine scandal after his formal statement to the Magistrate Gavriil Mallis. Emmanouil was an executive and former president of the Hellenic Shipyards in Skaramagas, Athens when Akis Tsochatzopoulos was Minister in...

Sub Scandal Figure Held After Violation

A Greek businessman who was out on bail after being charged in a submarine scandal was arrested in northeast Attica on Jan. 16 for violating the restrictive conditions and the terms of his temporary release. Alexandros Avataggelos has been...