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Ex-Greek minister guilty of money laundering in Siemens scandal
Source: Reuters
#WORLD NEWS
JULY 28, 2017 / 9:23 AM / 2 HOURS AGO
Ex-Greek minister guilty of money laundering in Siemens scandal
ATHENS (Reuters) - A former Greek minister was found guilty on Friday of money laundering over contracts between the Greek unit of Siemens and then state-controlled telecoms group OTE.
Allegations that Greek politicians and political parties received bribes during successive administrations to grant German industrial giant Siemens lucrative contracts in the run-up to the 2004 Olympics have dominated local media for years.
The court ruled that Tassos Mantelis, 72, had concealed a 450,000 deutsche mark benefit he had demanded of Siemens via a third party to approve a contract with OTE.
Mantelis, who was alleged to have committed the offense while he was transport minister from 1996-2000, was found guilty of money laundering and handed an eight-year suspended sentence.
-snip-
JULY 28, 2017 / 9:23 AM / 2 HOURS AGO
Ex-Greek minister guilty of money laundering in Siemens scandal
ATHENS (Reuters) - A former Greek minister was found guilty on Friday of money laundering over contracts between the Greek unit of Siemens and then state-controlled telecoms group OTE.
Allegations that Greek politicians and political parties received bribes during successive administrations to grant German industrial giant Siemens lucrative contracts in the run-up to the 2004 Olympics have dominated local media for years.
The court ruled that Tassos Mantelis, 72, had concealed a 450,000 deutsche mark benefit he had demanded of Siemens via a third party to approve a contract with OTE.
Mantelis, who was alleged to have committed the offense while he was transport minister from 1996-2000, was found guilty of money laundering and handed an eight-year suspended sentence.
-snip-
Read more: http://www.reuters.com/article/us-greece-siemens-minister-idUSKBN1AD1NE?il=0
