Monday September 22, 2014 Search
Weather | Athens
31o C
22o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Submarine bribes reached 100 million euros, report says

 New Democracy calls for parliamentary investigation into deal after Financial Crimes Squad probe

An investigation by the Financial Crimes Squad (SDOE) has found evidence that some 100 million euros was paid under the table to Greek politicians and officials in the purchase of four German submarines, sources told Sunday’s Kathimerini.

The leaked findings prompted an angry exchange between the government and New Democracy.

The investigators believe that numerous bribes were paid before the contract was signed. It is alleged that one of the ways the bill was inflated, allowing for more under-the-table payments to be made, was for the navy and Defense Ministry to ask for the submarines to be fitted with all sorts of extra equipment.

Politicians, civil servants, military officials and middlemen are thought to have been paid off as part of the deal. Sources said that probes into the bank accounts of some Greek shipyard unionists also revealed money that was unaccounted for.

Last week, a prosecutor called 37 people to answer questions about bribery allegations. Greece ordered the Type 214 diesel-electric submarines, manufactured by ThyssenKrupp in Germany, between 2001 and 2005 but the deal, worth 1.26 billion euros, was plagued by complications after Greece rejected the first submarine due to technical problems.

New Democracy demanded that Parliament launch its own inquiry into the claims. “The continuous revelations confirm the widespread pillaging of public money but the government does not dare to take the initiative to ensure that this scandal is investigated by Parliament,” said the conservative party’s spokesman Yiannis Michelakis, who pointed out that the procurements had been made when PASOK was in power.

Government spokesman Giorgos Petalotis said that Michalakis was “knocking at an open door” as SDOE’s final report was immediately sent to a prosecutor.

ekathimerini.com , Sunday March 27, 2011 (23:00)  
Italy to return ancient Greek coins seized in 2008
Civil servants´ union calls new strike over evaluation
Kerry pledges greater US role in Cyprus peace talks
Venizelos denies jihadis are being trained in Greece
Greek current account surplus shrinks in July
Greece's current account surplus shrank in July compared to a year ago, according to balance of payments figures released by the central bank on Monday. The surplus stood at 1.683 billion eu...
ANALYSIS
Investors snap up euro zone banks, exporters in ECB bet
Investors are piling into European banks and exporters, betting that the European Central Bank will crank up the money printing presses to tackle stubbornly low inflation. The ECB's latest b...
Inside Business
SOCCER
Reds beat Veria to claim league lead
Olympiakos thumped hitherto Super League leader Veria 3-0 on Saturday to go alone on top of the table for the first time after four rounds of games. Four days after putting three past Atleti...
SOCCER
Triumph for PAOK, historic result for Asteras in Europa League
Greek teams produced a patchy record on the opening night of the Europa League group stage on Thursday, as PAOK thrashed Dynamo Minsk, Asteras Tripolis snatched a draw at Besiktas and Panath...
Inside Sports
COMMENTARY
Universities threatened by transfers
The problem arising from the abuse of the Greek university transfer system – whereby some students are allowed to move to an institution of their choice instead of the one they were admitted...
EDITORIAL
Capital changes
A sizable part of the middle of the Greek capital has been slated to receive a significant makeover with the implementation of an urban restructuring project which includes turning a key cit...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Italy to return ancient Greek coins seized in 2008
2. Greek current account surplus shrinks in July
3. Civil servants´ union calls new strike over evaluation
4. Kerry pledges greater US role in Cyprus peace talks
5. Venizelos denies jihadis are being trained in Greece
6. Alexander the Great´s tomb not at Amphipolis, says Culture Minister
more news
Today
This Week
1. Euro touches 14-month low before Draghi testimony
2. Draghi effect subsiding leaves pressure building on ECB chief
3. Alexander the Great's tomb not at Amphipolis, says Culture Minister
4. Investors snap up euro zone banks, exporters in ECB bet
5. Venizelos denies jihadis are being trained in Greece
6. Kerry pledges greater US role in Cyprus peace talks
Today
This Week
1. Greece at bottom of social justice scale among EU28
2. ‘Greece can meet its needs on its own’
3. Central Athens traffic restrictions back in force on Monday
4. Lost in the fog
5. Record sum of new debts to the state in August
6. Democracy under Pressure | Live Streaming
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.