Saturday April 25, 2015 Search
Weather | Athens
14o C
09o 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 Sundays 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 partys 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 SDOEs final report was immediately sent to a prosecutor.

ekathimerini.com , Sunday March 27, 2011 (23:00)  
Greece not playing a game of chicken on debt
Tsipras to see local officials as decree dispute heats up
Kotzias talks Cyprus at UN
Eurogroup comes down hard on Greece
Construction material costs slide anew
The decline in oil rates has contributed to the further fall in construction material prices and the cost of building new residential properties, according to data released on Friday by the ...
Navios taps German shipping opportunities
The wide margin of difference between the health of Greek and German shipping is clearly illustrated by the deal for the sale of 14 oceangoing vessels by German bank HSH Nordbank AG debtor c...
Inside Business
SOCCER
Rival soccer fan clashes leave man stabbed
One man was stabbed and several others slightly injured as rival Thessaloniki club fans clashed late on Friday at an event held by Aris supporters. Reports from Greeces second city stated t...
TRACK & FIELD
Grabbing the shoes that have gone a long way
Greek Marathon legend Maria Polyzou is calling on everyone to join her in her charity run at the Dusseldorf Marathon on Sunday, April 26, by bidding for her special shoes she will race in an...
Inside Sports
COMMENTARY
Five years ago
This week marks five years since Greece officially entered a period of crisis when then Prime Minister George Papandreou announced that the country would seek a bailout from the eurozone and...
EDITORIAL
Slippery slope
The extremely divisive language that is currently being used by parliamentary deputies and coalition ministers is both unacceptable and dangerous. It is high time that the tired, old argumen...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greece not playing a game of chicken on debt
2. Rival soccer fan clashes leave man stabbed
3. Tsipras to see local officials as decree dispute heats up
4. Kotzias talks Cyprus at UN
5. Construction material costs slide anew
6. Navios taps German shipping opportunities
more news
Today
This Week
1. Five years ago
2. Slippery slope
3. Greece not playing a game of chicken on debt
4. Greece offers concessions in talks with creditors
5. EU frustration mounts as Greeks try to sidestep aid process
6. FinMin sources say gov't 'not bluffing' in opposing austerity
Today
This Week
1. Quarantine for Greek bank subsidiaries in neighboring countries
2. Greek government's popularity takes a hit as talks drag on
3. Putting off payments led to Q1 budget primary surplus
4. Obama calls for flexibility in Greek reform talks in brief exchange with Varoufakis
5. It's up to the Greek government to ensure deal with lenders, says ECB's Coeure
6. Europe's collision course with Greece
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.