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Beltsios held in custody in Athens but denies dishing out bribes

Yiannis Beltsios, a former close associate of ex-Defense Minister Akis Tsochatzopoulos, was remanded in custody in Athens on Saturday despite denying allegations that he acted as a middleman between arms companies and public officials in the payment of bribes.

Beltsios was brought before magistrates based on testimony given in Germany.

He insisted, however, that he had a purely professional relationship with the German industrial group that sold four submarines to the Hellenic Navy.

Beltsios said that he worked for the company as a consultant in Greece between 2000 and 2003 and that he was paid a total of 300,000 Deutsche marks for his work.

He insists that this payment was declared to Greek tax authorities and that no suspect transfers to his accounts have been discovered.

ekathimerini.com , Saturday Jan 18, 2014 (17:10)  
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