Monday October 20, 2014 Search
Weather | Athens
29o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Three ex-ministers identified over submarine deal

 Financial Crimes Squad to deliver report to prosecutor's office

An investigation by the financial crimes squad (SDOE) has concluded that three former ministers as well as several public officials should face prosecution over the complex purchase of four submarines by the Greek navy, Sunday’s Kathimerini understands.

SDOE is due to deliver its findings to the Athens Prosecutor's Office this coming week and Greek judicial authorities will then make a request to German authorities for details of the financial transactions involved in the purchase of the submarines.

SDOE will also ask for the bank accounts of all those alleged to be involved to be frozen.

Greece had identified technical problems with the Type 214 diesel-electric submarine, manufactured by ThyssenKrupp in Germany, as being the reason for not accepting delivery of the four vessels that it ordered between 2001 and 2005

The first submarine, dubbed Papanikolis, had been docked in Kiel from 2006 until it was finally delivered last year. There was an agreement to build three of the submarines and refurbish another three at Hellenic Shipyards, west of Athens.

It has been claimed that Ferrostaal, a subsidiary of the MAN Group until 2009, which was part of the consortium that won the contract in 2000 to supply the submarines, paid 10 to 12 million euros to secure the deal for the first of these vessels.

The agreement for the four submarines was worth 1.26 billion euros.

ekathimerini.com , Sunday February 27, 2011 (15:24)  
Targets for troika review move back onto agenda
Public order minister to seek US help on intelligence
Tsipras urges MPs to clarify presidential election intentions
Maziotis’s partner makes statement after long silence
Banks expect conditions to turn in their favor
As much as 14 billion euros has been wiped off the systemic banks’ capitalization in the space of just a few months, as political uncertainty and the international economic environment have ...
Firms assure their investors they are turning a corner
The heads of international investment firms engaged in numerous contacts with their counterparts at listed Greek groups last week to get a firsthand evaluation of the three-day plunge experi...
Inside Business
BASKETBALL
Reds lose to Nea Kifissia, search for new coach
Nea Kifissia recorded the biggest win of its short history in the top flight defeating Olympiakos 68-67 on Sunday, in a Basket League weekend marred by the abandonment of the Thessaloniki de...
SOCCER
OFI stuns Panathinaikos, Mitroglou hits twice
OFI Crete produced the upset of the week in Greek soccer beating Panathinaikos in Athens for only the second time in its history on Sunday, while PAOK stayed on top beating Atromitos at home...
Inside Sports
Greece’s closed society is central to its current malaise
I started writing my book “The Thirteenth Labour of Hercules” a couple of months after the June 2012 elections in Greece. In that nail-biting showdown, a bruised and battered electorate narr...
COMMENTARY
Between West and East
The crisis that has been buffeting Greece in recent years has perforce turned the focus of domestic politics to developments in Europe. The nation’s attention, thoughts, relationship-buildin...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Reds lose to Nea Kifissia, search for new coach
2. OFI stuns Panathinaikos, Mitroglou hits twice
3. Banks expect conditions to turn in their favor
4. Firms assure their investors they are turning a corner
5. ‘One-day’ milk becomes bone of contention
6. Targets for troika review move back onto agenda
more news
Today
This Week
1. Banks expect conditions to turn in their favor
2. ‘One-day’ milk becomes bone of contention
3. Firms assure their investors they are turning a corner
4. Greece’s closed society is central to its current malaise
5. Turkish order for Cyprus EEZ coming into effect
6. Public order minister to seek US help on intelligence
Today
This Week
1. Possible third figure in Amphipolis mosaic may be uncovered shortly
2. Less haste, more focus
3. Greece to contribute 1 mln towards Gaza reconstruction
4. Greece nearing bailout exit, says gov't spokesperson after IMF talks
5. Istanbul skyscraper casts shadow over Greece's banking ambitions
6. Coalition shooting itself in the foot
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.