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armament scandal

Swiss Banker Involved in Bribery Scandals in Greek Custody

A Swiss senior banker who was among the key suspects in the so-called Siemens scandal as well as in armament programs scandals is currently being held in custody in Greece, as the country's media pressed earlier today. An international arrest...

Prosecutor Requests Summoning Former Greek PM Simitis and Other Senior Officials in Tsochatzopoulos' Appeal

The Greek prosecutor handling former Defense Minister Akis Tsochatzopoulos' appeal has requested to summon the members of the Government Council of Foreign Affairs and Defense (KYSEA) during his tenure. The prosecutor requested that the court summons former Prime Minister Costas Simitis, former...

Greek Defense Minister Sends Arms Procurement Files to Prosecutor

Greek Defense Minister Panos Kammenos announced on Tuesday he submitted two files relating to arms procurement to a public prosecutor in order to investigate possible bribery or corruption. "For two of the cases we already have evidence - very...

Rheinmetall Fined for Greek Armament Deals

Rheinnmetall, a German arms and defense systems supplier, received a 37.1-million-euro fine for bribing Greek officials. A company representative is being accused of bribing officials in Greece in order to close armament deals. The prosecutors from Bremen, Germany, who were researching the case,...

Arms Bribery Suspect Returns €2.5m to Greek State

Greek businessman Panayiotis Efstathiou, a key suspect in the German arms bribery scandal, has returned about 2.5 million euros to the Greek state. According to his attorney Michalis Dimitrakopoulos, Efstathiou deposited 2,552,435 euros in accounts of the Greek state to...

Ex-Ericsson Exec Reveals €13 Million Bribe to Greek Officials

Swedish communication tech company Ericsson paid 116 million Swedish krona (€13.05 million) in bribes to Greek politicians and military officials to secure an arms deal in Greece, Swedish radio reported Wednesday. In an interview, former Ericsson employee Liss-Olof Nenzell, who used...

German Industrialist President Involved in Armament Scandal

According to a recent article in the German newspaper, Der Spiegel, the president of the Federation of German Industries (BDI), Ulrich Grillo might be involved in the Greek armament and bribery scandal. The article claims that Grillo may have been implicated during his tenure...