Former OTE CEO Vourloumis exonerated

The Athens Court of Appeals has fully exonerated the ex-CEO of OTE telecom, Panagis Vourloumis, and the former head of OTE?s technical department, Giorgos Ioannidis. The case concerned payments to Intracom, Siemens and Alcatel for technical services rendered under previous OTE managements. Regarding another suit against the board of directors of Cosmote, of which the two were members, the public prosecutor ruled that the accusation had no merit. The case concerned alleged overpayment in the acquisition by Cosmote of the Germanos retail franchise in Greece and other countries.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.