Siemens Greek bribery scandal

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". hellasjournal.com. 2015-12-23. Retrieved 2024-08-12.
  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.