Greek ex-minister jailed for graft in long-running defence probe

ATHENS: A outstanding Greek socialist ex-minister was once jailed for graft in a 2003 case connected to a army frigate improve, a court supply mentioned.

Former defence minister Yannos Papantoniou and his wife had been positioned in pre-trial detention past due Tuesday for allegedly stashing some 2.8 million Swiss francs (2.45 million euros) from contract bribes in dozens of Swiss accounts. Both deny the fees.


A 69-year-old economist, Papantoniou, was once a key minister in successive socialist administrations between 1994 and 2004, prior to now serving as finance minister as Greece ready to sign up for the euro.


Papantoniou have been underneath investigation for the previous 15 years. In 2006, he won a defamation case towards France's Liberation day-to-day, over an editorial claiming that French defence contractor Thales had put aside a "commission fee" for him to secure a major security contract for the Athens 2004 Olympics.


Thales in the end lost the contract to American contractor SAIC. Papantoniou is the second one member of the robust Pasok celebration to be jailed for graft, following founding celebration member Akis Tsochatzopoulos, who had preceded Papantoniou on the defence ministry.


Tsochatzopoulos was once handed a 20-year prison sentence in 2013 for contract kickbacks but was once released in July on grounds of ill health.
Greek ex-minister jailed for graft in long-running defence probe Greek ex-minister jailed for graft in long-running defence probe Reviewed by kailash soni on October 24, 2018 Rating: 5
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