Monday April 21, 2014 Search
Weather | Athens
17o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Arms procurements reviewed after bribe allegations

Dimitris Papachristos leaves the investigating magistrate's office in central Athens on Friday.

Changes to the way military procurements are made are to be introduced by the government, Defense Minister Dimitris Avramopoulos said on Friday as the probe into a new arms scandal led to one suspect being remanded in custody, another released on bail and a third saying he would return 2 million euros he received in bribes.

Avramopoulos said that the government was working on proposals to “safeguard transparency and to protect the prestige, trustworthiness and national mission of the armed forces.” The move comes in the wake of the former deputy head of procurements at the Defense Ministry, Antonis Kantas, revealing he received bribes from arms firms.

Kantas’s lawyers said on Friday he was returning another 2 million euros to Greece’s public coffers, taking to a total of 9.5 million euros the kickbacks he was paying back.

One of the men alleged to have made under-the-table payments to Kantas, 83-year-old Panayiotis Efstathiou, a former representative of German firm Atlas Elektronik, was released on bail of 500,000 euros on Friday after completing his deposition. Efstathiou admitted to paying bribes but said that he was blackmailed into doing so by Kantas, who allegedly vowed to award contracts to other companies if he was not paid off.

Another suspect, 78-year-old Dimitris Papachristos, who represented the German firm Krauss-Maffei Wegmann, was remanded in custody on Friday after being accused of paying a 750,000-euro bribe to Kantas.

ekathimerini.com , Friday Jan 3, 2014 (19:38)  
Greek Christians mark rare Good Friday in north Cyprus
Greece offers to help find Turkish F-16 lost in 1996
Talks lined up in wake of ‘shameful’ soccer scenes
Dimou quits To Potami over Holy Fire quip
Eurobank share offering on April 25-29
Greece's third largest lender Eurobank, which is issuing new shares to help plug a capital shortfall, said on Friday that the cash call will take place from April 25 to 29. The transaction o...
PPC to issue corporate bond of 500 mln
Public Power Corporation is planning to tap the markets after Easter with the issue of a corporate bond to draw 500 million euros. The Energy Ministry is also eagerly awaiting the issue, as ...
Inside Business
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
BASKETBALL
Former Red Bourousis wrecks Olympiakos´s hopes for a break
Olympiakos tried harder in Game 2 of the Euroleague play-offs in Spain, and Real Madrid was not as good on Thursday as in Game 1, but the Spaniards still emerged victorious on the night with...
Inside Sports
COMMENTARY
The placebo effect and the economy
Among the greatest mistakes made in the years of Greece’s hard landing is that citizens did not get the chance to sense that aside from austerity and pain the economic adjustment program als...
COMMENTARY
Ukraine is a crisis—but not a Cold War
Given Russia’s annexation of Crimea, the imposition of US and European sanctions, and the potential for more escalation in Ukraine, we are witnessing the most important geopolitical events s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greens lose badly as CSKA Moscow
4. Former Red Bourousis wrecks Olympiakos´s hopes for a break
5. PPC to issue corporate bond of 500 mln
6. Greece offers to help find Turkish F-16 lost in 1996
more news
Today
This Week
Today
This Week
1. Greece's market return mirrors return of tourists
2. Parties start announcing candidates for European Parliament elections
3. Greece startup leaders say they can’t break jobless cycle alone
4. Ground-breaking Good Friday mass signals thaw in Cyprus
5. IMF's Thomsen says Greece not fully financed to 2016
6. Mayoral candidates clash over Athens mosque plans
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.