Visit the Greek American Educational Public Information System (GAEPIS) Homepage Read the Convention Relating to the Regime of the Straits (24 July 1923) Read the Convention Relating to the Regime of the Straits (24 July 1923)
HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Thursday, 28 March 2024
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens Macedonian News Agency: News in English, 14-01-08

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Former defence ministry official lists kickbacks history

  • [01] Former defence ministry official lists kickbacks history

    ANA-MPA -- Former defence ministry official Antonis Kantas, who served as alternate director for armaments purchases, wrapped up his four-day testimony before Magistrate for Corruption Gavriil Mallis on Friday.

    Kantas, who was remanded in custody on December 18, had been arrested on a money-laundering charges linked into illegal payments from defence ministry armament programmes traced to a Singapore bank account.

    In his testimony, which is 30 typewritten pages long, Kantas is said to have named 17 individuals related to illegal funds around procurements of the ministry over several years; they include politicians and well-known businessmen.

    According to sources, Kantas allegedly said that for Russian armaments he received a "very generous" kickback of 3 percent on the total value of the purchase, when kickbacks were usually set at 0.5 or at most 1 percent.

    In reviewing all the amounts he remembers receiving in euros or dollars, Kantas listed an array of payments he received over the years, according to sources, that go as far as 1989. For example, he allegedly got half a million to 600,000 euros from submarine contracts; about 1.5 million euros from the antiaircraft missile Stinger Asrad targeting and control systems; about 3 million dollars from the antiarmament rockets Kornet - 700,000 of which were in cash and of these, half a million were turned over to two bankers to deposit overseas; about 1.7 million dollars from the antiaircraft short-range missile system OSA AMK; 800,000 from Mirage 200-5 aircraft; and so on.

    Kantas is said to have named former ministers Akis Tsochatzopoulos and Yiannos Papantoniou in his testimony, along with the 83-year-old representative of German-based STN Atlas company, who he claimed bribed him for contracts with 1.5 million euros; the man is scheduled to testify before prosecutors on January 2.


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2023 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Wednesday, 8 January 2014 - 9:38:07 UTC