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February 28, 2014

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Kantas faces new bribery & money laundry charges in arms scandal

The former deputy director of armaments at the Ministry of National Defense Antonis Kantas was prosecuted on bribery and money laundry charges, for receiving a 250,000 Euro bribe from a retired military officer, by his own admission. According to an article in To Vima, the retired officer, Christos Toumpas, was a representative for the Brazilian Embraer company, from which the Greek Ministry of National Defense bought a radar system, which was to be installed in the Embraer 145 aircraft. The article maintains that the deal cost approximately 400 million Euros and was contracted to Swiss telecommunications company Ericsson.

During the questioning session, Kantas said that Toumpas told him that if this program went ahead then he would not forget about him. And sure enough he didn't because a little after this was done, and according to the article in To Vima, Toumpas deposited 150,000 Euros in an account in Geneva and a separate 100,000 Euros in another account.

The investigation is continuing and certainly more information will be revealed in the weeks to come.

Meanwhile, Swiss prosecutors are interested in the implication of Ericsson and have requested a copy of the related evidence from their Greek judicial colleagues, in order to initiate proceedings in Sweden.


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