Monday Jan 26, 2015 Search
Weather | Athens
17o C
10o 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)  
Prison probes violent attack against N17 convict Xeros
Exit polls suggest big margin of victory for SYRIZA
Greece’s diplomatic missions ‘on hand to assist Greeks in Ukraine’
ANTARSYA, GD representatives attacked at polling stations
Talks with troika the main test
The left-wing SYRIZA party’s triumph in the Greek national elections sends a strong message across the eurozone that excessive austerity will have political and social repercussions if pursu...
Fiscal gap from revenues at 2.3 bln euros
With the state budget apparently already suffering revenue losses of more than 1 billion euros in the first month of the year, the new government will have to respond quickly to the major fi...
Inside Business
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakos’s 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
BASKETBALL
Tremendous Spanoulis sweeps Laboral Kutxa
A hot second half was enough for Olympiakos to undo visiting Laboral Kutxa and score its fourth win in as many games at the second round of the Euroleague on Friday. The 76-64 final score wa...
Inside Sports
FOCUS
A SYRIZA government in Greece: what it wants and what might be possible
The left-wing SYRIZA party led by Alexis Tsipras looks likely to win the Greek general election on Sunday after campaigning on a pledge to renegotiate the country’s international bailout and...
COMMENTARY
The train
If we go by the polls, SYRIZA is set to win Sunday’s election and form a government. New Democracy did not really campaign, or perhaps it did so in a way that can only be explained if the pa...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Prison probes violent attack against N17 convict Xeros
2. Talks with troika the main test
3. Fiscal gap from revenues at 2.3 bln euros
4. Liquidity noose tightening around local lenders’ necks
5. Banks make plans for tackling impact of Swiss franc’s growth on borrowers
6. Eurogroup set to point to an extension to bailout program
more news
Today
This Week
1. Greek Elections 2015 | LIVE
2. Greek Elections 2015 Results | LIVE
3. Greeks vote for reform path or defiance
4. A SYRIZA government in Greece: what it wants and what might be possible
5. Exit polls suggest big margin of victory for SYRIZA
6. SYRIZA aims for landmark election win
Today
This Week
1. Greek Elections 2015 | LIVE
2. Grexit the only way out of ‘valley of tears,’ says Hans-Werner Sinn
3. Greek Elections 2015 | LIVE
4. No debt writedown or rolling back of reforms for Greece, says Finland's Stubb
5. Greeks fork out nearly 5 pct of their incomes on telecom services
6. QE exclusion a ‘de facto Grexit’
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.