Greece to sue Siemens over bribery scandal
25/01/2011
ATHENS, Greece -- The government announced on Monday (January 24th) it will take legal action against the German electronics giant Siemens over allegedly bribing officials. "Greece will seek compensation for the damage it has suffered from the corrupt practices that have been used by your company in the past," Investment Minister Haris Pamboukis wrote in a letter to the German company's Greek subsidiary, Siemens Hellas. A parliamentary investigation spanning 11 months concluded that Greek taxpayers suffered losses worth 2 billion euros because of the alleged bribery between 1997 and 2002. Last year, former Transport Minister Anastasios Mantelis admitted receiving one bribe of 100,000 euros in 1998. Other ministers who allegedly took bribes may be identified soon. (BBC, Reuters, ANA-MPA - 24/01/11)
Email to a friend
Print Version 
Reportage
Ongoing efforts of political parties and NGOs help fuel peaceful transformation.
We welcome your comments on SETimes's articles.
It is our hope that you will use this forum to interact with other readers across Southeast Europe. In order to keep this experience interesting, we ask you to follow the rules outlined in the comments policy. By submitting comments, you are consenting to these rules. While SETimes.com encourages discussion on all subjects, including sensitive ones, the comments posted are solely the views of those submitting them. SETimes.com does not necessarily endorse or agree with the ideas, views, or opinions voiced in these comments. SETimes.com welcomes constructive discussion but discourages the use of copy-pasted materials, unaccompanied links and one-line slogans. This is a moderated forum. Comments deemed abusive, offensive, or those containing profanity may not be published.
SETimes's Comments Policy