We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Greek Competition Head Charged In Bribe Scheme

Law360 (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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.