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ATHENS – A former Greek defense secretary official whose job entailed procuring contracts and arms, and who was caught up in a bribery scandal there, has been released on bail.

Spyros Travlos was the General Secretary for Procurements, serving under former defense secretary Yiannos Papantoniou, facing charges of other offenses related to his income.

Travlos was let out after appearing before magistrates Gavriil Mallis and Yiannis Stavropoulos, who are investigating allegations that Greek officials took bribes in order to agree to certain armaments purchases. Bail was set at 50,000 euros and he was asked not to flee the country.

The investigation concerns two contracts related to the purchase of German-made submarines by the Hellenic Navy and 310 million euros of offset measures were never carried out.

Travlos faces criminal charges for breach of faith during his tenure in 2003 that resulted in losses of some 60 million euros for the government. He is said to have overseen the signing of millions of euros’ worth of offsetting measures in the submarine deals.

Yiannis Beltsios, an associate of former Defense Minister Akis Tsochatzopoulos, and Sotiris Emmanouil, the former Chairman of Hellenic Shipyards at Skaramangas, are in pretrial detention over accusations of involvement in an corruption scandal connected to the purchase of four German submarines for the Greek navy in the last decade.

The post Former Defense Official Bailed in Scandal appeared first on The National Herald.

Source: The National Herald
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