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April 29, 2015

Supreme Court rejects Germanos' petition against Siemens trial indictment

The Supreme Court Prosecutor has rejected a petition by businessman Panos Germanos, the owner of the Greek 'Germanos' electronic goods chain store, against his indictment to stand trial over the Siemens kickbacks scandal. Germanos is among 32 defendants facing charges in connection with a kickbacks and money-laundering case linked to the purchase of German submarines by the Hellenic Navy.

According to a dispatch from the state news agency, other names up on charges include prominent ship owner, Michael Matantos, businessman Alexandros Avataggelos, former ministry officials, former executives at Siemens and in banks, associates of former minister Akis Tsohatzopoulos and a former head of the Hellenic Shipyards at Skaramangas.

Since the Supreme Court Deputy Prosecutor Haralambos Vourliotis rejected Germanos' petition, all 32 are expected to stand trial in the case.

ANA-MPA

To get a better understanding about this controversial case and all other issues related to Siemens scandals, HellasFrappe suggests that you also read:

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An Introduction And Analysis Of The Siemens and Ferrostaal Scandals

Mantelis Appears In Court Over Siemens Kickback Scandal But Trial Suspended Until Nov. 25th

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