Exclusively available inside The International Herald Tribune in Greece and Cyprus  
  Saturday May 23, 2009 - Archive
Current Edition | Athens Stock Exchange | Useful Information | Greek Edition | Site Search  
  Search
Home page
ENGLISH EDITION
Date
23/05/2009  
Frontpage
News
Commentaries
S/E Europe
Features
Business. & Fin.
Arts & Leisure
Sports
Weather
Classifieds
Cartoon Archive
  RSS
INFORMATION
Company Profile
Health & Emergency
NEWS
Ex-Siemens manager has heart attack

Just a few hours after becoming the second person to be remanded in custody in connection with the Siemens cash-for-contracts probe, the company’s former technical director in Greece, Emmanouil Stavrianou suffered a heart attack yesterday, for which he was being treated at Korydallos Prison.

Magistrate Nikos Zagorianos decided to remand Stavrianou late on Thursday despite complaints from the former Siemens employee that he was suffering from serious health problems. Doctors had not given any details of his condition by yesterday evening.

Stavrianou had denied being involved in the payment of bribes to any politicians or public officials to secure contracts for the German electronics and engineering giant’s Greek branch, Siemens Hellas. The ex-technical director has been accused of bribery and money laundering in connection with the transfer of 1 million Deutschmarks into his personal bank account in 1998. Stavrianou denies that there was anything suspicious about the payment (the equivalent of 500,000 euros) and, according to court sources, told Zagorianos on Thursday that the money was a bonus from Siemens headquarters in Germany. He also claimed much of the cash is still in the bank.

Stavrianou was the second employee of Siemens Hellas to be taken into custody. Former telecommunications manager Prodromos Mavridis was remanded on Wednesday after answering questions about his alleged role in the operation of the slush fund. Ex-financial manager Alexandros Athanasiadis, was released on bail of 700,000 euros, after appearing before Zagorianos. Three more suspects, former Siemens employees Christos Karavelas and Ilias Georgiou and ex-OTE official Giorgos Skarpelis, are due to give their depositions next Friday. The key suspect in the probe, former Siemens Hellas managing director Michalis Christoforakos, failed to appear in court this week, saying he was unable to return from Germany due to ill health.

Print article | e-mail


[ Front Page ] [ News ] [ Commentaries ] [ S/E Europe ]
[ Features ] [ Business & Finance ] [ Arts & Leisure ] [ Sports ]
[ Subscriptions ] [ Editor ] [ Webmaster ]
Company Profile | Health & Emergency

News
In Brief
Migrants clash with police in central Athens
Ex-Siemens manager has heart attack
A bird of prey...
Huge backlog cripples courts
ND offensive misses the mark
What’s brown, smelly and flows from taps?

English Edition - Greece's International English Language Newspaper
Exclusively available inside The International Herald Tribune in Greece and Cyprus
© 2009 H KAΘHMEPINH All rights reserved.