Sunday November 23, 2014 Search
Weather | Athens
18o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
New findings in probe of former minister's money-laundering network

An ongoing investigation into the labyrinthine network allegedly set up by Akis Tsochatzopoulos, intended to launder money received in kickbacks from arms sales in the 1996-2001 period when he served as defense minister, has uncovered another eight companies in addition to the three offshore firms that are already the subject of a judicial inquiry.

Investigations into the money-laundering network have focused recently on information gleaned from Tschoatzopouloss voluminous notes, found among his personal documents. These are said to consolidate evidence found in a parallel probe by Swiss authorities, requested by Athens. The Swiss probe uncovered evidence suggesting Tsochatzopoulos had set up an additional eight companies in Switzerland and Italy through which to funnel ill-gotten gains.

One of the companies being probed is based in Aosta, in Italys Lombardy region, bordering Switzerland, and is called S.D.G, S. r. I., Kathimerini understands. The shell company appeared to be owned by Giorgos Sachpatzidis though court documents showed it belonged to Tsochatzopoulos. It is believed that seven of the eight companies being probed channeled more than 8 million euros into the Italian-based firm between 1999 and 2001, via another company that oversaw Russian arms procurements. An examination of the Italian-based firms bank account also found two deposits for 25,000 euros each made by Tsochatzopouloss first wife, Gudrun Moldenhauer, which suggests that she too may have been involved in the laundering network.

Tsochatzopoulos is in custody at Korydallos Prison, along with his wife Viki Stamati and his daughter from his marriage with Moldenhauer, Areti, all in connection with the network. Sachpatzidis, who posed as the frontman of the Italian-based company, is also in custody.

ekathimerini.com , Tuesday September 4, 2012 (18:03)  
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.