Axon

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.

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.

A team of German prosecutors is expected in Athens before Christmas to exchange information with their Greek counterparts regarding corrupt arms procurement deals, Kathimerini understands.