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Tsochatzopoulos

Tsochatzopoulos Gets 8-Year Jail Term

Former Greek Defense Minister Akis Tsochatzopoulos, held in detention for 11 months on multiple charges of embezzling, money-laundering and stealing as much as 1 million euros ($1.32 billion) from defense contracts, was sentenced on March 4 to an eight-year...

Greece Steps Up Corruption Fight

After securing 52.5 billion euros ($69 billion) in new loans from international lenders in a fight to keep the economy afloat, Greek Prime Minister Antonis Samaras now faces a foe on another front - the country’s reputation for runaway...

The 12 Events That Bent Greece In 2012

The world was supposed to end in 2012 – on Dec. 21 for you Mayan calendar believers and doomsday cultists – and for many Greeks it seemed like it did. Like the Flogging Molly song, it was the worst...

Former Greek Minister's Cars Bomb Targets

Two vehicles owned by former Defense Minister Yiannos Papantoniou, who is being investigated over claims made by a Greek newspaper that 12 military helicopters were acquired at an inflated price when he was in office, were targeted by handmade...

Greek Prosecutor Probing Arms Contracts

Four defense contracts worth 7 billion euros ($9 billion) and 85 other state deals are being investigated by Greek prosecutors trying to root out possible fraud, the newspaper Kathimerini reported. The defense procurement deals were approved in 2001 by...

Businessman in Tsochatzopoulos Case Found Dead

A Greek businessman who had been accused of being part of the bribery and money laundering network involving former Defense Minister Akis Tsochatzopoulos, who is in jail on charges of stealing as much as $1.29 billion from defense contracts...

Former Defense Official Charged in Kickback Scheme

A former Greek defense ministry official who was a close associate of jailed former defense minister Akis Tsochatzopoulos has been arrested and charged in a kickback scheme tied to his former boss’ alleged money-laundering scheme that netted a reported...

Facing Graft Probe, Greek Parliament President May Quit

Greek Parliament President Vangelis Meimarakis, who suspended himself during a reported probe into the bank accounts of 36 politicians that allegedly found huge sums in their bank accounts for which they couldn’t account, is feeling the heat and said...

Greek Parliament Head Steps Aside In Corruption Probe

Greek Parliament President Evangelos Meimarakis, handpicked for the position by Prime Minister and New Democracy Conservative leader Antonis Samaras, said he will suspend himself from his duties during a reported investigation into alleged corruption by the country's financial crimes...

Greece Will Seize Ex-Minister's Foreign Properties

As former  Greek defense minister Akis Tsochatzopoulos remains in detention during an ongoing probe into charges he stole as much as 1 billion euros, or $1.27 billion, from defense contracts when he was in office, a magistrate investigating the...