Tuesday, January 25, 2011

Government addresses letter to Siemens


The issue of compensation that multinational Siemens should pay to the Greek state and public utilities and organizations for economic damages caused by "past corrupt practices" was raised by Minister of State Haris Pamboukis, in a letter he addressed on Monday to the German company's management. 

In the letter, Pamboukis leaves open the possibility of sanctions imposed on the company for violating the law on issues of competition and transparency, while requesting the company's assistance to accelerate the investigation, pointing out that this will be "greatly appreciated by the Greek government, political parties and the Greek people". 

He underlined that the Greek government wants to "put an end to this unpleasant and infuriating case, and this cannot happen unless charges are faced by those who, beyond any doubt, were involved in it ... We are expecting your active support in this effort," Pamboukis said, while he did not rule out a meeting with Siemens Hellas CEO Panos Xinis, "if it is deemed useful".


Source: ANA