| Index | Last | Var.(%) |
|---|---|---|
| BEL 20 | 2119.3 | 0.50 |
| DAX | 5252.45 | 1.50 |
| IBEX 30 | 10726.8 | 0.59 |
| CAC 40 | 3377.59 | 1.40 |
| FTSE 100 | 4564.5 | 0.79 |
| AEX | 276.85 | 0.95 |
| DJIA | 9096.72 | -0.13 |
| Nasdaq | 1975.51 | 0.39 |
| FTSE MIB | 20341.67 | 1.65 |
| TSX Composite | 10570.54 | -1.74 |
| ASX | 4148.9 | -0.60 |
| Hang seng | 20135.5 | -2.37 |
| Straits Times | 0.00 | |
| ISEQ 20 | 442.48 | 0.27 |
Berlin -- Siemens' former Greek country director, arrested in Germany for alleged corruption in Greece, has begun making a "confession" in order to avoid extradition to Athens, reports said Saturday.
According to weekly news magazine Der Spiegel and the daily Sueddeutsche Zeitung, Michael Christophorakos was questioned this week and had started to make statements that would result in a conviction.
"His lawyers want to have him sentenced to a suspended sentence and a fine of around one million euros (1.4 million dollars) as soon as possible (in Germany)," Der Spiegel said.
Christophorakos was arrested last month in a house south of Munich where he was hiding.
An international warrant for his arrest had been issued by Greek authorities on May 20 along with a request for his extradition.
Christophorakos was general director of Siemens' Greek subsidiary from 1996 to 2007 and is suspected along with three German former directors of paying bribes to obtain a contract with the country's telecommunications operator OTE.
Other kickbacks were allegedly paid to Greek politicians in exchange for Siemens being included in work on security systems for the Athens Olympic Games in August 2004.
Sueddeutsche Zeitung has estimated the illegal payments amounted to around 100 million euros.
AFP/Expatica
Enter to win one of three Amazon.com vouchers by filling out the Expatica Survey 2009!
Join Expatica's European Expat Panel to share your views on living abroad.
The Institute of Cultural Diplomacy is hosting an International Congress on ‘Soft Power,’ Cultural Diplomacy and Interdependence
Trying to size up the education system is one of the hardest things facing those embarking on a foreign posting. We set out what you should know about German schools and daycare.
Want to move to Germany but haven’t figured out the details? Check out Expatica’s overview of the German visa and citizenship system.
When moving abroad, the owner must make an informed decision as to whether their pet is up to the trip. Here’s an overview of the factors involved.
Moving to Germany but still searching for a job? Check out Expatica’s comprehensive overview of the ins and outs of employment in Germany, including information on how to find work, recruitment agencies, employment contracts and labour law.
General rating: Not rated yet
Rate article:



Add my rating