Greek Competition Head Charged In Bribe Scheme

Law360, New York (September 15, 2006, 12:00 AM EDT) -- Only days after Greece’s Prime Minister Costas Karamanlis vowed "zero tolerance" of corruption, a Greek prosecutor on Tuesday slapped a top official of the country’s competition watchdog with blackmail and extortion charges.

Greek officials said Panayotis Adamopoulos, director-general of the Hellenic Competition Commission, and two suspected accomplices were arrested and charged on Monday. They allegedly demanded a €2.5 million bribe from Mevgal, a major Greek dairy company, in relation to an imminent €25 million fine for price-fixing.

Mevgal Chairman Petros Papadakis told Reuters that "the blackmailer...
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