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Greek businessman T. Liakounakos at Korydallos prison for alleged bribe-taking

Greek businessman Thomas Liakounakis, arrested at his upscale Filothei-Psychiko residence on Monday on charges of bribery and money laundering, was sent to jail pending trial following his 7-hour inquest hearing with investigative magistrate on corruption, Vassilis Bratis.

High-profile local exec arrested in relation to alleged defense contract kickbacks

A well-known Greek businessman and high-profile representative of foreign defense manufacturers was arrested late Monday evening in Athens. Thomas Liakounakos was apprehended by police after an arrest warrant was issued in relation to charges stemming from a case involving a contract with the multinational Ericsson.