Sunday November 23, 2014 Search
Weather | Athens
18o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Germans admit bribes for subs

 Former executives put figure at some 120 million euros as parliamentary committee prepares for probe
A parliamentary committee is investigating the controversial submarine deal and particularly the role of former Defense Minister Akis Tsochatzopoulos.

At least 120 million euros was paid in bribes by the German firm that struck a deal with the Greek government for the sale of four navy submarines, according to German court documents seen by Kathimerini.

The parliamentary committee that will investigate the deal, and particularly the role of former Defense Minister Akis Tsochatzopoulos, met for the first time on Tuesday, as more details emerged about the alleged corruption involved in the agreement.

Two former executives of Ferrostaal, the Germany firm that was part of the consortium which won the contract, gave depositions in Munich concerning the kickbacks paid to secure the deal, which was worth just over 1.2 billion euros.

According to court documents seen by Kathimerini, the first illicit payment of 32 million euros was made in May 2000. The money was deposited into a Swiss bank account but the two former Ferrostaal employees said they did not know who the recipient was. The executives said their main aim had been to win over a top level official in the Defense Ministry.

Greece ordered the four Type 214 diesel-electric submarines, manufactured by ThyssenKrupp in Germany, between 2001 and 2005. In their deposition, the Ferrostaal officials said that they met Tsochatzopoulos but did not suggest that he received any money directly.

The members of Parliament who will be investigating the ex-defense minister agreed on Tuesday to also look at how all the ministers that succeeded him handled the submarines deal.

Meanwhile, an Athens prosecutor on Tuesday issued bribery charges against unidentified individuals over the purchase in 2002 of 142 trolley buses from the German truck manufacturer MAN AG. The move will now lead to witnesses being called before specific suspects are charged.

Christos Verelis resigned as a PASOK MP in May 2009 after being implicated in the scandal as he was transport minister when the deal took place.

ekathimerini.com , Tuesday May 3, 2011 (22:44)  
Cyprus on agenda in Biden visit to Istanbul
PASOK nixes Papandreou leadership challenge
Troika tests govt nerves as budget rift persists
Climate change to hit farming, Greek coastline
Fitch keeps Greek rating at B, outlook stable
Fitch Ratings retained Greeces sovereign credit rating at B and its outlook as stable late on Friday but warned of a downgrade should snap elections prove inconclusive or negotiations wit...
More cash for banks with same papers
Greek banks will be able to draw additional liquidity from the European Central Bank after Frankfurt issued a guideline on Friday that revises the haircut applying to securities issued or ...
Inside Business
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japans image and economy following the triple blow of the earthquake, tsunami and nuc...
BASKETBALL
Big win for Greens, tight one for Reds
Panathinaikos scored a crucial as well as emphatic away win at Turow on Thursday that should see it qualify from its tough group to the top 16 of the Euroleague, while Olympiakos saw off vis...
Inside Sports
COMMENTARY
Is Europe paying attention?
Barack Obama brought hope to the entire world when he was elected president of the United States in 2009 and then again in 2012 for a second term. During his first visit to Europe, marked by...
EDITORIAL
A reasonable agreement
Greece cannot and should not allow itself to be left without a safety net to make up for any funding needs that may crop up after the end of the year. Without such protection it would be at ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Cyprus on agenda in Biden visit to Istanbul
2. PASOK nixes Papandreou leadership challenge
3. Troika tests govt nerves as budget rift persists
4. Climate change to hit farming, Greek coastline
5. Piraeus nightclub shooting leaves 3 seriously injured
6. London court to rule on extradition of former judge
more news
Today
This Week
1. PASOK nixes Papandreou leadership challenge
2. Piraeus nightclub shooting leaves 3 seriously injured
3. Fitch keeps Greek rating at B, outlook stable
4. Climate change to hit farming, Greek coastline
5. Cyprus on agenda in Biden visit to Istanbul
6. Troika tests govt nerves as budget rift persists
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Greece and Poland switch roles as young Greeks head to vibrant Eastern European country for better prospects
3. Anti-junta uprising anniversary to be marked amid tight security
4. Biden heads to Istanbul amid tension over Cyprus EEZ violation
5. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
6. Every age has its collaborators
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.