One more Greek former minister is held in custody

One more Greek former minister is held in custody

Late on Tuesday, former PASOK Minister of National Defence, Yiannos Papantoniou and his wife Stavroula Kourakou, were taken to prison, as they appear to have received 2.8 million Swiss francs, while at the same time causing 400-million euro of financial damages to the Greek state with the signing of the contract for the modernisation of 6 S-type frigates of the Hellenic Navy by the French company named THALES, in 2003, as well as with the signing of another one corresponding to offsetting benefits. Based on the charges, this money was transferred to the banking system through accounts and sub-accounts, some of which belonged to his spouse, so that the traces of their original source would be lost.

The 16-hour marathon-long statement of the accused former minister failed to persuade investigators and prosecutors who, according to sources, have decided to detain them on the ground of suspicion of escape and suspicion of possibly committing new offences.

Before getting on the police vehicle that transferred him to the prison, the former minister said that “Transforming Greek justice into a tool jeopardises our own democracy. The ‘Polakis’ doctrine is implemented at random.”

Yiannos Papantoniou is the second Minister of National Defence to be imprisoned after the conviction of Akis Tsochatzopoulos for money laundering and bribery…. / IBNA