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Tuesday 11

December, 2018 4:30 PM



French banker in Greek corruption trial flees house arrest

French banker in Greek corruption trial flees house arrest

A French banker who is a witness in a major Greek corruption trial was missing Tuesday after violating his house arrest, the justice ministry said.

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21.11.2018 08:39 AM

A French banker who is a witness in a major Greek corruption trial was missing Tuesday after violating his house arrest, the justice ministry said.

Jean-Claude Oswald, 58, cut through his ankle monitor after being escorted home by police from court.

A former executive at BNP Paribas, Oswald had been arrested in Abu Dhabi in 2015 to face money laundering charges in Greece.

He is suspected of acting as an intermediary in a number of high-profile state contracts which Greek officials were allegedly bribed to approve.

These include deals with German engineering giant Siemens and several arms contractors: The German company Wegmann, Ericsson of Sweden and Brazilian firm Embraer.

Oswald, who denied knowingly handling bribe money, had been released from pre-trial detention in 2016 after agreeing to cooperate with Greek authorities.
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