Friday September 19, 2014 Search
Weather | Athens
27o C
19o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Ericsson money used to bribe Greek officials, claims ex-employee

By Sven Nordenstam

Swedish mobile telecoms equipment maker Ericsson paid 116 million Swedish crowns (10 million pounds) to a commercial agent, money which was then used to bribe Greek officials to secure a deal for Ericsson in 1999, Swedish radio reported on Wednesday.

In an interview, former Ericsson employee Liss-Olof Nenzell told Swedish radio that “politicians, generals and high-ranking state officials” had received the Ericsson money.

Ericsson said in a statement that it had paid money to a commercial agent, but did not know what became of it.

The Swedish company used to employ local commercial agents in many countries in a bid to increase sales.

“We have zero tolerance for bribes and corruption. At the time, we used agents, but we don’t anymore because it is a system that lacks transparency,” it said in an emailed statement.

“We know that a payment was made to an agent, but we don’t know what happened with the money after that. We really hope that the money wasn’t used for bribes, but we don’t know for sure.”

The Greek order was for the Ericsson airborne surveillance system Erieye and was worth 4.9 billion Swedish crowns ($759 million). Ericsson has subsequently sold its defence business to Swedish group Saab.

Alf Johansson, chief public prosecutor at the National Anti-Corruption unit of the Swedish Prosecution Authority, said he was looking into the matter and had asked Greek investigators for information.

He added, however, that he was only interested in potential crimes committed after July 1, 2004, as crimes before that date would have passed the statute of limitations, meaning they could not be prosecuted.

Antonis Kantas, deputy armaments chief at the Greek Defense Ministry between 1997 and 2002, has admitted to taking $16 million in bribes relating to arms deals with foreign companies and mentioned Ericsson in connection with bribes in his court testimony.

Separately, Ericsson has accused Nenzell of embezzlement and sued him to recover money. Reuters was unable to contact Nenzell for comment, but he has denied the allegations in the past.

At Ericsson, Nenzell was responsible for setting up and handling a payment system used for agents, Ericsson said.

“I haven’t taken any money. I can certainly guarantee that,” Nenzell told Dagens Industri last year.

[Reuters]

ekathimerini.com , Wednesday April 2, 2014 (20:04)  
Claims that high profile personalities escape punishment to be probed
Homeless man falls to death from shelter in central Athens
Syntagma metro station to close for Fyssas tribute concert
Samaras heads to Azerbaijan for two-day visit
OPAP, Intralot bid for Greek horse race betting licence
Greece's privatization agency has received two binding bids for the country's horse race betting licence after scrapping a previous tender last month due to a lack of sufficient interest. Th...
Hardouvelis signals Greece may skip IMF loans to exit aid curbs
Finance minister Gikas Hardouvelis signaled Greece may forego International Monetary Fund emergency loans in 2015 and 2016 in order to secure an exit from the terms of its bailout. “The IMF ...
Inside Business
SOCCER
Triumph for PAOK, historic result for Asteras in Europa League
Greek teams produced a patchy record on the opening night of the Europa League group stage on Thursday, as PAOK thrashed Dynamo Minsk, Asteras Tripolis snatched a draw at Besiktas and Panath...
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
Inside Sports
COMMENTARY
High stakes after the Scottish vote
We will soon know whether the Scots voted for their country’s independence or whether they will remain citizens of the “United Kingdom of Great Britain and Northern Ireland.” What was alread...
EDITORIAL
Breathing room
Even Greece’s biggest critics find it hard to deny that the debt-hit country has achieved an unprecedented fiscal turnaround within a very short period of time. Sure, progress in promoting t...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Claims that high profile personalities escape punishment to be probed
2. OPAP, Intralot bid for Greek horse race betting licence
3. Hardouvelis signals Greece may skip IMF loans to exit aid curbs
4. NBG-owned Finansbank looks into possible secondary public offering
5. Homeless man falls to death from shelter in central Athens
6. Syntagma metro station to close for Fyssas tribute concert
more news
Today
This Week
1. EIB signs deals with Greece for 815-mln investment in infrastructure projects
2. ECB eyes banks’ capital quality as target for supervisory power
3. Samaras heads to Azerbaijan for two-day visit
4. Dozens of arrests at march to mark anniversary of Fyssas murder
5. Syntagma metro station to close for Fyssas tribute concert
6. Homeless man falls to death from shelter in central Athens
Today
This Week
1. Greece on standby
2. Greece at bottom of social justice scale among EU28
3. Central Athens traffic restrictions back in force on Monday
4. Lost in the fog
5. Democracy under Pressure | Live Streaming
6. SYRIZA spokesman suggests gov't sought to stop NERIT airing Tsipras speech live
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.