Europe News

Former Greek Defense Minister Convicted of Graft

Socialist Party Heavyweight Sentenced to 20 Years for Money Laundering, Taking Kickbacks

Oct. 7, 2013 11:25 a.m. ET

ATHENS—A Greek court sentenced a former defense minister and socialist party heavyweight to 20 years in jail on Monday for money laundering and for collecting kickbacks of tens of millions of euros, in one of the most high-profile corruption cases in the country's modern history.

Akis Tsochatzopoulos, 74 years old, was given a maximum sentence for accepting and hiding some €55 million ($74.6 million) in bribes from a series of arms...

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