Monday Jan 26, 2015 Search
Weather | Athens
15o C
9o 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)  
Finnish PM says ready to discuss bailout extension for Greece
Tsipras moves to form anti-austerity government after crushing victory
Greek Elections 2015: The day after | LIVE
SYRIZA heads for historic victory but without majority
Greek bonds slip on Syriza victory as ECB buying mutes contagion
Greece’s government bonds fell after Syriza, a party committed to renegotiating the country’s debt obligations, triumphed in a general election. Spanish and Italian bonds erased earlier decl...
ECB cannot agree to debt relief for Greece, board member says
ECB board member Benoit Coeure said in a newspaper interview published on Monday that the European Central Bank would not take part in any debt cut for Greece. "It is not up to the ECB to de...
Inside Business
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakos’s 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
BASKETBALL
Tremendous Spanoulis sweeps Laboral Kutxa
A hot second half was enough for Olympiakos to undo visiting Laboral Kutxa and score its fourth win in as many games at the second round of the Euroleague on Friday. The 76-64 final score wa...
Inside Sports
COMMENTARY
SYRIZA´s win will test institutions
Greece was at an impasse, with a government that did not believe in what it was doing and an opposition that declared with passionate intensity that whatever the government did was wrong and...
COMMENTARY
The challenge for Tsipras and others
A few years ago, an associate of mine who had met with Alexis Tsipras when the young politician was running for Athens mayor told me how impressed he had been by his confidence. Tsipras was ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek bonds slip on Syriza victory as ECB buying mutes contagion
2. ECB cannot agree to debt relief for Greece, board member says
3. Finnish PM says ready to discuss bailout extension for Greece
4. Tsipras moves to form anti-austerity government after crushing victory
5. Greek Elections 2015: The day after | LIVE
6. SYRIZA heads for historic victory but without majority
more news
Today
This Week
1. SYRIZA heads for historic victory but without majority
2. Greek Elections 2015: The day after | LIVE
3. SYRIZA's win will test institutions
4. SMART WATER Project: Outputs and conclusions of the final conference
5. Tsipras moves to form anti-austerity government after crushing victory
6. Finnish PM says ready to discuss bailout extension for Greece
Today
This Week
1. Greek Elections 2015 | LIVE
2. Grexit the only way out of ‘valley of tears,’ says Hans-Werner Sinn
3. Greek Elections 2015 | LIVE
4. No debt writedown or rolling back of reforms for Greece, says Finland's Stubb
5. Greeks fork out nearly 5 pct of their incomes on telecom services
6. QE exclusion a ‘de facto Grexit’
Advertiser Link
SMART WATER Project: Outputs and conclusions of the final conference
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.