Greek Tycoon Under the Microscope of Justice

Greek Tycoon Under the Microscope of Justice


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There is a growing concern in Community circles for development of the charges having brought last February to Mr. Socrates Kokkalis, the Chairman and Chief Executive of Intracom group, the big business conglomerate which in the past decades has benefitted from many Community programmes, while it is active also in Community tenders, for five offences at felony degree. Mr. Socrates Kokkalis, has been accused by the Public Prosecutor, Mr. Demetris Papangelopoulos, of (a) Espionage based on the evaluation of official documents of Stazi, the then secret service of the People's Republic of Germany (DDR) at felony degree, (b) Fraud, (c) Misappropriation at felony degree, (d) Legitimisation of income from illegitimate acts, and, (e) Bribing by custom and by profession. The case is with the 9th Ordinary Investigator of Athens Mrs. Simitsis who is expected to invite the Intracom chief executive to testify. (726)

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