SKIP TO MAIN CONTENT

Greek court finds ex-minister guilty

Former Greek defence minister Akis Tsochatzopoulos has been found guilty of money laundering in a six million euro ($A8.7 million) case.

2 min read

Published

Updated

Source: AAP


Skip to article content

A Greek court has found a prominent former defence minister guilty of money laundering in a six million euro ($A8.7 million) case that has become emblematic of political corruption in the debt-wracked country.

Akis Tsochatzopoulos, 73, a founding member of the socialist Pasok party and a leading figure on the Greek political stage for the past 30 years, served as defence minister from 1996 to 2001.

Prosecutor Georgia Adilini had accused Tsochatzopoulos of laundering over six million euros from bribes over the purchase of armoured vehicles, four submarines and Russian anti-aircraft missiles when he was defence minister.

"There were so many bribes he could not even calculate the total amount," she said, citing sums of money transferred in "bags, suitcases, cheques, bank accounts, businesses".

The court also sentenced 16 other people for complicity, including Tsochatzopoulos's wife, and acquitted two others.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

The court has not yet decided on the sentence for Tsochatzopoulos, who is the first political figure for several years to face justice for money laundering.

The former minister has become a symbol of political corruption in Greece, which has been mired in deep economic crisis since 2010.

Following his arrest a year ago, police placed Tsochatzopoulos in provisional detention in a high security prison in an Athens suburb.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world