Calamos Supports Greece

Dimitris Papachristos

New Evidence, Prosecutions in Armaments Bribary Scandal

New incriminating evidence has come to light in the Greek armaments bribery scandal, implicating many state employees, politicians and businessmen. A list found during a search of Dimitris Papachristos’ office, former representative of German weapons manufacturer Krauss Maffei-Wegmann, points to...

Defense Scandal Prompts More Oversight

The Greek government said it will overhaul contract awarding procedures and place defence contracts under increased parliamentary oversight following a corruption scandal in which at least 10 high-ranking military officers have been implicated for taking bribes to approve contracts...

German Arms Bribes Suspect Talks

The widening scandal in the Greek defense ministry is set to take another turn on Jan. 2 when a key suspect, Panayiotis Eftathiou, said to be a middleman between Greek officials and German arms manufacturers is set to testify...

Ex-Greek Defence Official Returns Bribes

A former Greek government official who admitted taking about $16 million in bribes more than ten years ago to wave through arms contracts, has returned 7 million euros of the money to the state, the finance ministry said on...

German Company Representative Arrested for Bribes

According to Greek news sources, police have arrested 78-year-old arms dealer Dimitris Papachristos, on charges of bribing Greek officials in order to receive lucrative arms contracts. He was a representative during the year 2000 of the German company Krauss-Maffei Wegmann (KMW)....