Greece: Socialist ex-Minister guilty of corruption

The Greek Socialist Minister Akis Tsochatzopoulos will tomorrow meet the sentence for the charge of money laundering, within the framework of arms contracts signed between 1997 and 2001.

An Athens Court found him guilty with 17 other defendants of 19 defendants on trial for five months.

The former Minister of Defense, in the time when Greece bought four submarines to Germany, denied all charges.

The bleaching process involved a network of offshore companies and purchases of properties with the support of his wife and daughter both defendants and guilty in the same file.

The penalty applicable to these cases can go from 10 to 20 years in prison.

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