Global Information Lookup Global Information

Siemens Greek bribery scandal information


The Siemens bribery scandal in Greece is a corruption and bribery scandal in Greece over deals between Siemens and Greek government officials during the 2004 Summer Olympic Games in Athens, Greece[1] regarding security systems and purchases by OTE in the 1990s.[2]

Although there is no conclusive evidence, the scandal has created a serious change in the attitudes of the Greek public, most notably a dissatisfaction with both main political parties in Greece, New Democracy and Panhellenic Socialist Movement (PASOK) and creating a "hole of authority" leading to a vicious circle of political instability.

It has been claimed that the bribes may have been up to 100 million Euro.[3] These bribes were allegedly given in order to win state contracts.[1][4]

It has been indicated that a few PASOK members acting as individuals may have been involved, although this is simply a claim and nothing has been proven or at least any evidence come to light.[5]

A Greek prosecutor, after two years of investigations, filed charges on 1 July 2008 for money laundering and bribery.[6] It has been claimed that it is certain Siemens divisions that were involved in the transactions.[7]

On 30 May 2008, a prosecutor's investigation took place at the offices of Kyriakos Mitsotakis for donations and grants by Siemens.[8]

In 2009, the central figure of the scandal, ex-Siemens chief executive in Greece Michalis Christoforakos, left for Germany to avoid arrest, in obscure conditions involving the foreign minister Dora Bakogianni.[9]

Tasos Mantelis, former Minister for Transport and Communications during the PASOK administration in 1998, admitted in May 2010 to a parliamentary investigation committee that the sum of 200,000 German marks was deposited in 1998 in a Swiss bank account from Siemens during his administration, allegedly for funding his election campaign. A further deposit of 250,000 German marks was made into the same bank account in 2000 which Mantelis claims is from an unknown source.[10]

As of August 2012, the Greek government has signed a settlement with Siemens worth 330 million euros.[11]

  1. ^ a b "Report: Siemens Scandal May Involve Top Executives". Deutsche Welle. 27 November 2006.
  2. ^ "Greek prosecutor files charges over alleged Siemens corruption scandal". International Herald Tribune. 1 July 2008. Archived from the original on 12 October 2008.
  3. ^ [1][permanent dead link]
  4. ^ "Answers sought in Siemens scandal". Kathimerini. 31 January 2008.
  5. ^ "Siemens Scandal Causes Political Turbulence". GreekNews. 23 June 2008.
  6. ^ "Siemens Hit by Corruption Charges in Greece, Norway". Deutsche Welle. 2 July 2008.
  7. ^ "Former Siemens executive sentenced for bribery scandal". People's Daily. 29 July 2008.
  8. ^ "Ο Στουρνάρας, ο Κυριάκος και το τεράστιο πολιτικό σκάνδαλο της Siemens". Mignatiou.com. 2015-12-23. Retrieved 2016-06-21.
  9. ^ Μπακογιάννη: ο Τσίπρας πετά λάσπη
  10. ^ "Χορηγός μου η... Siemens". Ta Nea. 27 May 2010.
  11. ^ "Debt crisis: Greek government signs €330m settlement with Siemens". The Telegraph. 27 August 2012.

and 21 Related for: Siemens Greek bribery scandal information

Request time (Page generated in 0.935 seconds.)

Siemens Greek bribery scandal

Last Update:

The Siemens bribery scandal in Greece is a corruption and bribery scandal in Greece over deals between Siemens and Greek government officials during the...

Word Count : 766

Siemens scandal

Last Update:

The Siemens Scandal (シーメンス事件, Shīmensu jiken) of January 1914 involved collusion between several high-ranking members of the Imperial Japanese Navy, the...

Word Count : 766

List of corporate collapses and scandals

Last Update:

Siemens Greek bribery scandal, involving cases of bribery on behalf of Siemens towards the Greek Government Société Générale, derivatives trading scandal causing...

Word Count : 1615

Siemens

Last Update:

Beginning in 2005, Siemens became embroiled in a multi-national bribery scandal. Among the various incidents was the Siemens Greek bribery scandal, where the...

Word Count : 10222

Agia Marina metro station

Last Update:

operational by 2010 but was delayed several times due to the Siemens Greek bribery scandal. The station opened to the public on 14 December 2013 and served...

Word Count : 403

Costas Simitis

Last Update:

concerned corruption, which became endemic in Greek public life (including the Siemens Greek bribery scandal, incidents like Akis Tsochatzopoulos, who later...

Word Count : 2654

Corruption in Greece

Last Update:

Authority Paradikastiko scandal Siemens Greek bribery scandal Koriopolis, match fixing in football Greek Financial Audit, 2004 Greek financial audits, 2009–2010...

Word Count : 3312

Bribery

Last Update:

German prosecutors conducted a wide-ranging investigation of Siemens AG to determine if Siemens employees paid bribes in exchange for business. In some cases...

Word Count : 5156

Aristea Bougatsou

Last Update:

such as the Siemens Greek bribery scandal, the fraudulent competition which led to the purchase of the Leopard 2 tanks, the Proton Bank scandal and the OTE...

Word Count : 198

Transparency International

Last Update:

"Settling Bribery Case to Cost Siemens $1.6 Billion". The New York Times. "Press Release: SEC Charges Siemens AG for Engaging in Worldwide Bribery; 2008-294;...

Word Count : 4011

Elliniko metro station

Last Update:

2013, after three and a half years of delays, because of the Siemens Greek bribery scandal.[citation needed] Several bus lines of OSY operate from the...

Word Count : 396

Corruption

Last Update:

2007, Siemens was convicted in the District Court of Darmstadt of criminal corruption against the Italian corporation Enel Power SpA. Siemens had paid...

Word Count : 15608

Zoe Konstantopoulou

Last Update:

two major corruption cases: the Siemens scandal (entailing bribery and money laundering of government officials by Siemens) and the Lagarde List (involving...

Word Count : 763

Klaus Kleinfeld

Last Update:

events" related to the scandal. Corruption charges were brought against Siemens by the SEC. Kleinfeld and other former Siemens executives and board members...

Word Count : 3165

Appearance of corruption

Last Update:

plead guilty. Siemens has a high reputation all over the world before the scandal, but in fact, there was a corruption system built in Siemens since the 1990s...

Word Count : 2176

Basil Zaharoff

Last Update:

GBE (born Vasileios Zacharias; Greek: Βασίλειος Zαχαρίας Ζαχάρωφ; October 6, 1849 – November 27, 1936) was a Greek arms dealer and industrialist. One...

Word Count : 4209

Deutsche Bank

Last Update:

Wilhelm Platenius, Georg Siemens, and Hermann Wallich.[citation needed] Georg Siemens was a son of a cousin of Werner von Siemens. The bank initially operated...

Word Count : 13278

Corruption in Nigeria

Last Update:

cash (literally) in freezers. In addition to this, the KBR and Siemens bribery scandals broke out under his administration, which was investigated by the...

Word Count : 6300

Akis Tsochatzopoulos

Last Update:

Apostolos-Athanasios "Akis" Tsochatzopoulos (Greek: Απόστολος-Αθανάσιος (Άκης) Τσοχατζόπουλος; 31 July 1939 – 27 August 2021) was a Greek politician, engineer, and economist...

Word Count : 1829

Corruption in Argentina

Last Update:

the Croatia/Ecuador arms sale scandal, was likewise closed in 2006 with no indictments. A 2008 settlement between Siemens and the U.S. government revealed...

Word Count : 13240

Manila

Last Update:

Index (PDF). Munich, Germany: Economist Intelligence Unit, sponsored by Siemens. 2011. p. 80. Centre, European Commission-Joint Research. "The Future of...

Word Count : 25148

PDF Search Engine © AllGlobal.net