The former head of Siemens, Hellas Prodromos Mavridis, who was sentenced for 15 years in prison in connection with money laundering in December has been released on January 28, 2020. The release came after 2 months of being in prison when he filed a petition for release due to health conditions. His petition was granted but was given restriction including no travelling out of the country and appearing at the police station once in a month.
It should be remembered that 12 of the 22 convicted defendants in connection with corruption and bribery case of 69 million euros were sentenced to prison while some of the defendants disappeared. The Siemens corruption scandal, termed one of the biggest in Greece involved 64 accused including former ministers, former Siemens Hellas, CEO Michalis, the former OTE board, 13 German citizens, former representatives of the parent company and bankers. The corruption and bribery case took place under a 1997 contract by the German Siemens to obtain multi-billion dollar, and the investigation began 13 years ago but was delayed in court for long.
