Lavrentiadis denies wrongdoing in Siemens scandal

Businessman Lavrentis Lavrentiadis was called before magistrates investigating the Siemens bribery scandal on Friday to explain how a payment of 1 million euros from the German firm ended up in his bank account.

Lavrentiadis, the main shareholder in Proton Bank, denied any wrongdoing.

He said he had lent the money to the firm?s Greek branch, Siemens Hellas, and it was returned to him by executives in Germany.