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Sunday, October 28, 2012

Eight arms deals under the microscope

Zubr class |Up to eight arms deals signed by the Greek government since the late 1990s are being investigated by judicial authorities for possible illegal bribes and kickbacks to state officials and politicians, Kathimerini understands.

Some of these investigations, such as the purchase of four hovercraft from Russia and Ukraine, are at a preliminary stage while others, such as the purchase of US-made Patriot missiles and the Greek army’s Hermes program, are in the hands of an investigating magistrate, according to Kathimerini.

Investigators are probing bank accounts and offshore companies in a bid to trace millions of euros received by senior state officials as sweeteners for the arms deals.

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