Region: Greece

Former Siemens execs to face Greek bribery trial

Former staff at German conglomerate Siemens, including ex-CEO Heinrich von Pierer, are to face trial in Greece over allegations that they bribed managers at Greek telecoms company OTE to win a project in 1997.

24 November 2015

German prosecutors clash with Atlas over whether foreign bribery case is time-barred

Featured in Investigator's Guide to Germany

German defence company Atlas Elektronik has argued to the Bremen Prosecutor’s Office that the authority’s foreign bribery case against the company falls outside the five-year statute of limitations, GIR understands.

20 November 2015

Greek authorities investigate nine HSBC customers for money laundering

Greek prosecutors are investigating nine HSBC customers on the “Lagarde list”, a list of 2,000 potential tax evaders given to Greece in 2010 by the International Monetary Fund’s managing director Christine Lagarde, who at the time was France’s finance minister.

23 September 2015

Greece charges individuals linked to Daimler corruption

Greek prosecutors have charged seven individuals with bribery and money-laundering offences in connection with allegedly corrupt deals signed between German car maker Daimler and Greece's government between 1997 and 2000.

28 April 2015

Airbus Helicopters refutes Greek bribery allegations

Airbus Helicopters has rejected a report by German newspaper Bild that the manufacturer allegedly paid €41 million in bribes to Greek officials to secure a helicopter supply contract, according to reports.

27 March 2015

Siemens case exposes flaws in Greek anti-corruption enforcement

Greece’s lengthy statute of limitations means over 60 individuals are due to stand trial for their suspected role in a 17-year-old contract that was awarded to Siemens, allegedly as a result of bribery.

13 March 2015

Former Siemens officials face bribery charges in Greece

More than 60 people have been indicted in Greece over an alleged 17-year-old bribery scheme involving Siemens executives. According to reports, Greek authorities claim US$76 million was paid in bribes in 1998 to secure an equipment contract between Siemens and telephone operator Hellenic Telecommunications.

10 March 2015

Bremen Prosecutor’s Office denies Rheinmetall bribery report

Featured in Investigator's Guide to Germany

Bremen’s Prosecutor’s Office has denied reports that German defence company Rheinmetall paid €127 million in bribes to secure a battle tank contract with the Greek military.

21 January 2015

Rheinmetall settles Greek bribery allegations

Featured in Investigator's Guide to Germany

Rheinmetall Defence Electronics, a subsidiary of German defence contractor Rheinmetall, has settled a foreign bribery investigation with Bremen’s public prosecutor and agreed to pay a €37 million penalty.

11 December 2014

ABA London: the interests of companies and employees are not always aligned

At the ABA white-collar crime conference in London on Monday panelists examined the conflict of interests that can arise between individuals and companies under investigation.

14 October 2014

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