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The Case Grows Against Tsochatzopoulos

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Jailed former Defense Minister Akis Tsochatzopoulos, being held on charges of embezzlement and money laundering, deposited more than $20 million in a Swiss bank account before he assumed his position in the cabinet and allegedly accepted under-the-table payments, according to documents retrieved from his office.
ATHENS – Jailed former Defense Minister Akis Tsochatzopoulos, being held on charges of embezzlement and money laundering, deposited more than $20 million in a Swiss bank account before he assumed his position in the cabinet and allegedly accepted under-the-table payments, according to documents retrieved from his office. The newspaper Kathimerini reported that the money was deposited i the Credit Lyonnais Suisse bank in 1997, a year after Tsochatzopoulos challenged to become leader of the PASOK Socialist party from which he was expelled by former Prime Minister George Papandreou after a Parliamentary committee linked the former Defense Minister to alleged improprieties in contracts, including for a defective submarine built by a Germany company Investigators also found a document that appears to show another $21 million being paid to Drumilan, an offshore company with which Tsochatzopoulos has been linked, by industrial company Antey Concern in connection with the purchase of TOR-M1 missile systems in 2000, when the politician had assumed his post at the Defense Ministry.

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  4 readers comments

1. Philip Vorgias
wrote on
May 29, 2012
9:53 AM
This piece of s--- needs to be thrown in prison for the rest of his days. He's a traitor, nothing less.
2. Philip Vorgias
wrote on
May 29, 2012
12:56 PM
Every dime this scumbag embezzled should be seized by Greek law enforcement and returned to the Greek treasury. Lets hope the investigations into embezzlement don't stop with this parasite, there is plenty more out there yet to be found.
3. Niko Seretis
wrote on
May 30, 2012
3:59 PM
He'll die in prison Philip. He is a traitor to his country and Greeks everywhere. He is the scum of the earth!
4. Philip Vorgias
wrote on
May 30, 2012
11:18 PM
Good, Niko. Greece needs to start setting the precedent that the days of government corruption and embezzlement are over with. They can start with this scumbag, this Efthialtis!
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