11 face charges over 2003 S-frigate contract in Greece

Greece’s Corruption Prosecutor Eleni Raikou on Tuesday ordered the prosecution of 11 individuals for criminal breach of faith in connection with a contract for the refurbishment of six S-type Navy frigates. She also ordered that a copy of the case file be sent to Parliament in order that it consider the possible involvement and liability of former defence minister Yiannos Papantoniou.

The prosecutor said charges should be brought against the defence ministry΄s former general secretary for financial planning and defence investments, Spyridonas Travlos, and another 10 members of the negotiating committee for estimated damages to the state exceeding 30 million euros.

The contract was signed by Hellenic Shipyards in Skaramangas, with the company Thales Nederland B.V. as subcontractor, and the defence ministry in 2003.

Read more here.

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